92
92
Oct 15, 2013
10/13
by
CNBC
tv
eye 92
favorite 0
quote 0
reid/mcconnell got close to
reid/mcconnell got close to
98
98
Oct 14, 2013
10/13
by
CNBC
tv
eye 98
favorite 0
quote 0
. >> it is a big question but senate majority leader harry reid says they are getting closer to a deal. he just emerged from mitch mcconnell his republican counterpart's office, walked down the halway to his own office telling reporters he thinks they're getting closer, he would like to have something to present to the president at the meeting at the white house at 3:00 p.m. you could see congressional leaders and the president coming together on something importantly, joe biden the vice president, who's played a key deal making role in the past, will be in this meeting at 3:00 at the white house today. but one of the big questions is whether the senate and the house can really get anything together on the same page. we had a senator, senator corker on our air earlier today, little pessimistic. take a listen. >> i do think that there's a good chance that we will get back on the right page and the right paragraph today in the senate and i think we have an opportunity to move something ahead on a broader bipartisan basis. the question is, how is that dealt with in the house of representa
. >> it is a big question but senate majority leader harry reid says they are getting closer to a deal. he just emerged from mitch mcconnell his republican counterpart's office, walked down the halway to his own office telling reporters he thinks they're getting closer, he would like to have something to present to the president at the meeting at the white house at 3:00 p.m. you could see congressional leaders and the president coming together on something importantly, joe biden the vice...
47
47
Oct 14, 2013
10/13
by
CNBC
tv
eye 47
favorite 0
quote 0
we have harry reid speaking right now. let's go to washington, d.c., and listen in. >> i deeply appreciate my friend, the minority leader, for his diligent efforts to come to an agreement. the republican leader and i will keep members informed as negotiations continue. >> republican leader. >> let me just echo the remarks of my good friend the majority leader. we've had an opportunity over the last couple days to have some very constructive exchanges. views about how to move forward. those discussions continue and i share his optimism that we're going to get a result that will be acceptable to both sides. >> under the previous order the leadership time is reserved. >> i'm glad we jumped in on that but steve liesman, back to your thing, reid saying he's optim t optimist optimistic, mcconnell called him his friend. those two physically embraced the dow would shoot up 100 points. >> i think that's true. you ought to tell them that, but i think having two senators being congenial is not what's at issue here. whether house memb
we have harry reid speaking right now. let's go to washington, d.c., and listen in. >> i deeply appreciate my friend, the minority leader, for his diligent efforts to come to an agreement. the republican leader and i will keep members informed as negotiations continue. >> republican leader. >> let me just echo the remarks of my good friend the majority leader. we've had an opportunity over the last couple days to have some very constructive exchanges. views about how to move...
112
112
Oct 15, 2013
10/13
by
CNBC
tv
eye 112
favorite 0
quote 0
reid/mcconnell got close to a senate deal last night. they were buttoning that up. the house went into session this morning, that is to say, the republican caucus met. the speaker came up with a plan, or the leadership presented to members a plan, that was different, had more provisions going after obama care in it. it was divisive within the caucus. they did not have a consensus. the speaker came out and said, we haven't decided what to do. we're still talking about it. but that had the effect of causing mitch mcconnell to hit the pause button on his talks with harry reid because the republican leader in the senate has little freedom to maneuver when the republican house is working on an alternative to what he's negotiating with reid. i just got off the phone a few moments ago with the democratic leadership aide who says this hasn't collapsed but it's on pause until we find out what's happened to the house plan. the house plan, because it didn't have the votes, when they left the meeting, may never get off the ground, but until that is determined one way or the oth
reid/mcconnell got close to a senate deal last night. they were buttoning that up. the house went into session this morning, that is to say, the republican caucus met. the speaker came up with a plan, or the leadership presented to members a plan, that was different, had more provisions going after obama care in it. it was divisive within the caucus. they did not have a consensus. the speaker came out and said, we haven't decided what to do. we're still talking about it. but that had the effect...
205
205
Jan 30, 2013
01/13
by
CNBC
tv
eye 205
favorite 0
quote 0
is he going to team up with harry reid and turn this into a tax hike xwbill? >> what we need to do is focus on the long-term deficit. i agree. you raised the point about the need to get together and come up with a deal and eliminate the deficit, that would be great. but cutting a massive, massive cut in spending. but it is a bad idea. but you have a month. okay. march 1st is the deadline. five 12th of the fiscal year is over. that takes $24 billion out of the equation. so you are going to talk i don't know what the math is, i'm going to say $55 billion, nearly all of that is going to be slower growth. if we can't do that, then we can't do anything. remember, what we are doing here, that spending is somebody else's income. look, i'm all for long-term cutting. >> we have to start copying these programs. we gave $60 billion out in the relief bill. $40 billion of it was pork. the net cut here was almost zero. the economy was very soft. we can agree we want growth. >> but cutting spending is good for the economy. >> if you can cut spending and you don't reduce taxe
is he going to team up with harry reid and turn this into a tax hike xwbill? >> what we need to do is focus on the long-term deficit. i agree. you raised the point about the need to get together and come up with a deal and eliminate the deficit, that would be great. but cutting a massive, massive cut in spending. but it is a bad idea. but you have a month. okay. march 1st is the deadline. five 12th of the fiscal year is over. that takes $24 billion out of the equation. so you are going to...
78
78
Oct 11, 2013
10/13
by
CNBC
tv
eye 78
favorite 0
quote 0
harry reid has said on the democratic side of the senate he doesn't want a six week deal. they want something longer perhaps a year long debt limit extension. there is a ton of ideas floating around over there. the worry is from house conservatives, the senate acts more quickly, and they have an agreement that is more favorable for the white house, the white house would go in that direction and leave them mute. so we thought these were negotiations between the house gop and the white house or the end all be all. now the senate is involved. so there is still optimism in the senate that both sides are talking, which is a huge improvement from just two days ago. and in light of these recent polls where republican brand has taken a hit, the leadership on both sides wants to get something done. as far as what that deal will look like it's unclear right now. we'll have a good idea probably by close of saturday business tomorrow. but as of right now, i cannot guarantee to you guys we'll see the vehicle for a debt limit extension in public view by monday. so still very much a flui
harry reid has said on the democratic side of the senate he doesn't want a six week deal. they want something longer perhaps a year long debt limit extension. there is a ton of ideas floating around over there. the worry is from house conservatives, the senate acts more quickly, and they have an agreement that is more favorable for the white house, the white house would go in that direction and leave them mute. so we thought these were negotiations between the house gop and the white house or...
151
151
Sep 30, 2013
09/13
by
CNBC
tv
eye 151
favorite 0
quote 0
harry reid, senator reid and president obama haven't wanted to negotiate anything or change anything. >> what happened to the medical device tax, congresswoman? what happened to that one, and did that one disappear and that was a problematic one because it opens a bigger hole in the deficit, $30 billion over ten years. >> the medical device tax is very important to us. we would like to see it repealed. the medical device tax is really threatening medical innovation moving forward, and the senate rejected it. it was very disappointing that they rejected that after 79 senators earlier had voted to repeal the medical device tax. >> all right. >> i've got to leave it there. as always, ma'am, appreciate you coming on the show. >> good to be with you. >> now, we're about four and a half hours from a government shutdown. we'll talk about how that's going to affect stocks and a lot more in the next half hour. it's a special edition of "the kudlow report." please, stay with us. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to le
harry reid, senator reid and president obama haven't wanted to negotiate anything or change anything. >> what happened to the medical device tax, congresswoman? what happened to that one, and did that one disappear and that was a problematic one because it opens a bigger hole in the deficit, $30 billion over ten years. >> the medical device tax is very important to us. we would like to see it repealed. the medical device tax is really threatening medical innovation moving forward,...
251
251
Jan 1, 2013
01/13
by
CNBC
tv
eye 251
favorite 0
quote 0
harry reid was going to bring a bill to the floor. they applauded him tonight for getting that threshold up. so they feel that is a success on tax breaks. and igore as i understand it. all of your good friends and the respectful liberals, they do not want $400,000 they would rather go back to $200,000. they don't want to cut spending. they want the 250. it is what he campaigned on and what he wanted. the president has put medicare cuts on the table. and very controversial with his caucus. a lot of us think it should not be off the table. he went there. he went there half way more. >> the senate democrats vetod any cost of living adjustment. >> right. this is why he had to be pushed out and mitch mcconnell had to be taken over by joe biden. they don't want to cut spending they want to raise taxes. if you want to talk about it later, it should be part of a different deal. but when it comes to different cuts in medicare. this is what is on the table. it brings efficiency into the system. it was part of the president's budget in 2012. rep
harry reid was going to bring a bill to the floor. they applauded him tonight for getting that threshold up. so they feel that is a success on tax breaks. and igore as i understand it. all of your good friends and the respectful liberals, they do not want $400,000 they would rather go back to $200,000. they don't want to cut spending. they want the 250. it is what he campaigned on and what he wanted. the president has put medicare cuts on the table. and very controversial with his caucus. a lot...
47
47
Oct 16, 2013
10/13
by
CNBC
tv
eye 47
favorite 0
quote 0
he applauds both reid and mcconnell for in his words for working together. and the president also encouraging congress to act swiftly to pass this to get the government back open and to avert this debt default which was slated to happen as of midnight this evening. so that's the press secretary. cnbc will be following all of these developments for the rest of the day and guys, this is going to be big to the end of the day, big into tomorrow. listen to jay carney. >> removed and that the continuing harm that these two situations have caused to our economy can stop. >> the president has said from the beginning he would not negotiate on this. now that it looks like there is a deal, do you feel like he fulfilled that pledge? >> what the president made clear was his position that he would not allow a situation to develop where he paid ransom to any party in congress that was trying to extract unilateral political concessions in return for congress fulfilling its fundamental responsibilities. and he believes that's the right position for him to take, that it was t
he applauds both reid and mcconnell for in his words for working together. and the president also encouraging congress to act swiftly to pass this to get the government back open and to avert this debt default which was slated to happen as of midnight this evening. so that's the press secretary. cnbc will be following all of these developments for the rest of the day and guys, this is going to be big to the end of the day, big into tomorrow. listen to jay carney. >> removed and that the...
521
521
Oct 10, 2013
10/13
by
CNBC
tv
eye 521
favorite 0
quote 0
so what about what harry reid said, senator? that they will hold firm on the government shutdown having to end for any debt ceiling talk? i've got the quote right here. basically he's saying we're not even going to talk about debt. we're not going to talk about the debt limit until the government reop opens. the republicans i guess are suggesting that the way to get to a government opening, reopening, is to actually start talking. >> well, i think that it's very clear that the polls show that the american people are blaming more -- much more than the democrats and the president for the shutdown, they're blaming republicans. although the president's numbers and democrats' numbers are going down. just not as high as the -- not as badly as republicans. as you know, there was a gallup poll today that showed the favorable ratings of republicans at an all-time low. 28%. certainly there's more pressure on republicans. we need to stop. i guess we have -- i guess the house people have. maybe some of ours over here. we're not going to def
so what about what harry reid said, senator? that they will hold firm on the government shutdown having to end for any debt ceiling talk? i've got the quote right here. basically he's saying we're not even going to talk about debt. we're not going to talk about the debt limit until the government reop opens. the republicans i guess are suggesting that the way to get to a government opening, reopening, is to actually start talking. >> well, i think that it's very clear that the polls show...
109
109
Sep 9, 2013
09/13
by
CNBC
tv
eye 109
favorite 0
quote 0
reid's aides say this is to give it a chance. but they're not likely to permit a vote if they think the president will lose that vote. i think that's how this is stack up. now, all this comes as john kerry suggests that syria could hand over its weapons of mass destruction to some kind of international committee that would then destroy them. does anybody really believe the syrians would do that in the russians are all over it. puts them in the driver's seat again. supposedly this will broker a deal. i don't believe a word of it. it is just a stalling tactic for everyone involved. and the white house is grasping at straws. and i presume today's 141 point stock market rally had something to do with moving away from war. but we will discuss that in a few moments. all these stories and more all coming up on the "kudlow report" begins right now. >>> i'm larry kudlow. first up, major developing news out of syria, moscow and washington this evening. nbc's steve than did he happen s has all the details. >> i think you're right, this look
reid's aides say this is to give it a chance. but they're not likely to permit a vote if they think the president will lose that vote. i think that's how this is stack up. now, all this comes as john kerry suggests that syria could hand over its weapons of mass destruction to some kind of international committee that would then destroy them. does anybody really believe the syrians would do that in the russians are all over it. puts them in the driver's seat again. supposedly this will broker a...
137
137
Oct 14, 2013
10/13
by
CNBC
tv
eye 137
favorite 0
quote 0
secondly, apparently in the deal that is being worked out by reid and mcconnell, senator reid has brought forward -- remember how it was sacrosanct that you couldn't change obama care? they're going to delay the $63 per person tax for large businesses and for unions. that's a sop to unions. so the law of the land that couldn't be changed now is going to be changed apparently because it's okay to provide that sop to unions. this doesn't make any sense to the american people. the victory that's going to be had by house republicans is there's no doubt in the american people's mind is that this disastrous law is clearly on the shoulders of the president and the democrats. >> let's talk a little bit about the sketch of a deal that we have, sounds like there will be a reopening of the government and funding until january 15th, which coincides with a sequester date, a debt ceiling raise till the early days of february and some sort of budget conference that has a deadline of roughly the middle of december, to come up with some kind of an agreement on longer-term reforms that might obviate the ne
secondly, apparently in the deal that is being worked out by reid and mcconnell, senator reid has brought forward -- remember how it was sacrosanct that you couldn't change obama care? they're going to delay the $63 per person tax for large businesses and for unions. that's a sop to unions. so the law of the land that couldn't be changed now is going to be changed apparently because it's okay to provide that sop to unions. this doesn't make any sense to the american people. the victory that's...
75
75
Oct 15, 2013
10/13
by
CNBC
tv
eye 75
favorite 0
quote 0
harry reid said this was a nonstarter. even something as simple and basic as that, they won't entertain that idea. >> what would happen if mr. boehner then just proposes a clean bill? does it pass the house with democratic votes or not? >> i don't think you'll see republicans want to support that. we want to do something fair. that's why we floelted this idea. we want to delay this thing. we thought this would help to get to that. it looks like that's not going to go. >> do you think any other provisions will come up as you all meet tonight? besides the car of ocarve out f federal government. delay is a hot topic. anything that may come into the bill? >> i don't know. you're right, joe manchin has been on record saying he supports it. the unreasonableness of the democrats to even entertain a simple concept like we put forward today, like we did the last five weeks. we're getting labeled as strapping bombs to our chest and this is so simple, so fair, so basic and they can't even take that. >> one last one on this whole stor
harry reid said this was a nonstarter. even something as simple and basic as that, they won't entertain that idea. >> what would happen if mr. boehner then just proposes a clean bill? does it pass the house with democratic votes or not? >> i don't think you'll see republicans want to support that. we want to do something fair. that's why we floelted this idea. we want to delay this thing. we thought this would help to get to that. it looks like that's not going to go. >> do...
168
168
Oct 15, 2013
10/13
by
CNBC
tv
eye 168
favorite 0
quote 1
all those things are designed to put more pressure on reid and make it more difficult for reid to prevail with his deal with mitch mcconnell. on the other hand, still two provisions in there which are going to be impossible for democrats and the white house to accept. one of them would extend to not only members of congress and cabinet officials, members of the administration, but also their aides. the denial -- really pay cut, denial of employer subsidies for health care they've been getting right now. it would take away that benefit. secondly, it would strip treasury of the so-called extraordinary measures that they used when they get close to the debt limit. that is something that you cannot expect the obama white house to sign off on. the plan actually moved closer to the democrats and made it more difficult for democrats to say no to. but they're still going to say no in the state. then the question is going to be, if it passes the house, and one member told me, i expect a substantial majority of republicans to vote for it, and some democrats are going to be afraid of appearing to pr
all those things are designed to put more pressure on reid and make it more difficult for reid to prevail with his deal with mitch mcconnell. on the other hand, still two provisions in there which are going to be impossible for democrats and the white house to accept. one of them would extend to not only members of congress and cabinet officials, members of the administration, but also their aides. the denial -- really pay cut, denial of employer subsidies for health care they've been getting...
154
154
Oct 10, 2013
10/13
by
CNBC
tv
eye 154
favorite 0
quote 0
we got commentary right now from harry reid. listen to this. >> what we missed him saying, majority leader reid in the senate says they will not negotiate on a budget issue with republicans unless the government is reopen. we're back to that give and take at this point. >> and that's can get a directi where things are going to go, markets could really react nicely this fall. >> we got a nice reaction right now, ann. would you buy it here? >> i think we have to be a little bit cautious. i think there's a real risk that the impact on the real economy starts to have a serious impact. it might be a short-term rally. we could see a little bit more pain down the line if this doesn't actually get stopped in time for the real economy. we're snatching defeat from the jaws of victory. >> i hear both of you saying fundamentals don't support a strong economy right now. ha about the federal reserve? we still have the scant at a time -- quantitative easing in place. with janet yellen coming in there's no sign it's going to end soon. >> i thin
we got commentary right now from harry reid. listen to this. >> what we missed him saying, majority leader reid in the senate says they will not negotiate on a budget issue with republicans unless the government is reopen. we're back to that give and take at this point. >> and that's can get a directi where things are going to go, markets could really react nicely this fall. >> we got a nice reaction right now, ann. would you buy it here? >> i think we have to be a...
86
86
Oct 15, 2013
10/13
by
CNBC
tv
eye 86
favorite 0
quote 0
john mccain was just on the floor criticizing reid from what reid had said on the floor. but this is really a deal at this moment between reid and mcconnell. if that can stay together, they've been positive about each other, that is the controlling piece of legislation. but we just don't know the effect of what the house has done on that senate process. the senators of both parties are going to convene for the weekly lunches now. they'll come out about 2:15, and when they come to the microphone, we'll get a sense of where things stand and how the negotiations have been affected. >> all right, john, thank you so much. we continue to watch senators make speeches on the floor that look like marco rubio from florida there. john harwood will continue to follow the developments there. >>> we continue to follow the developments on wall street. the dow's now down 46 points, joined by the traders, joe terranova, what do you make of this? we were hoping a deal this morning was likely imminent. now, you don't know. >> i think the market repriced last week that a deal -- a deal will
john mccain was just on the floor criticizing reid from what reid had said on the floor. but this is really a deal at this moment between reid and mcconnell. if that can stay together, they've been positive about each other, that is the controlling piece of legislation. but we just don't know the effect of what the house has done on that senate process. the senators of both parties are going to convene for the weekly lunches now. they'll come out about 2:15, and when they come to the...
102
102
Sep 19, 2013
09/13
by
CNBC
tv
eye 102
favorite 0
quote 0
this schaer reid's biggest nightmare for his democratic majority. they've take some votes they don't like. that's why he dislikes. obama care is unlikable, unaffordable. as days go by it becomes less popular. we have an opportunity in the house to say we're serious about defunding obama care. harry reid, is he going to shut the government down just for their one particular program they recognize is not work well. >> do you actually think -- i'm asking a serious question, when you do the vote count, i don't see how the republicans can win this. i don't see it. you tell me. i just don't think the votes are there. >> the question is, is the president and harry reid, are they going to stick to the red line? i think the recent history on numerous topics is sometimes they are willing to negotiate and right now harry reid and the president are not willing to negotiate at all and that's not the way things work in the government or work in the real world and sending a bill over to the senate requiring harry reid to come together and deciding what to do about
this schaer reid's biggest nightmare for his democratic majority. they've take some votes they don't like. that's why he dislikes. obama care is unlikable, unaffordable. as days go by it becomes less popular. we have an opportunity in the house to say we're serious about defunding obama care. harry reid, is he going to shut the government down just for their one particular program they recognize is not work well. >> do you actually think -- i'm asking a serious question, when you do the...
149
149
Jan 9, 2013
01/13
by
CNBC
tv
eye 149
favorite 0
quote 0
and if democrats want, the debt ceiling raise, they should have harry reid produce a budget. >> i don't mean to cut you off. but senator sessions is coming on this show later on. one last one. the boehner rule, you want to raise the borrowing rule i think it is sound fiscally and plitly. >> one to one seems equal right? >> but seems like this deal $41 in tax hikes per $1 in spending cuts with middle class taxes going up, i doubt that we are going to get that either. this president has made clear he not only wants the debt ceiling raised. let's not forget, he wanted the debt ceiling eliminated. that is the kind of negotiating that he is putting forward even though he said he is going to have to negotiate. that is what he said for a long time. if the gop plays his cards right and sticks to the spending see kwaester, i think that will put obama back think the defense. stick around. we have much more cooking for you. but look, i shothought obamacar was supposed to keep costs down. we are going to tell you why. later on, team obama going all out an gun control. i'm glad they are meeting with
and if democrats want, the debt ceiling raise, they should have harry reid produce a budget. >> i don't mean to cut you off. but senator sessions is coming on this show later on. one last one. the boehner rule, you want to raise the borrowing rule i think it is sound fiscally and plitly. >> one to one seems equal right? >> but seems like this deal $41 in tax hikes per $1 in spending cuts with middle class taxes going up, i doubt that we are going to get that either. this...
113
113
Mar 19, 2013
03/13
by
CNBC
tv
eye 113
favorite 0
quote 0
reid for that statement. and they say, quote, it is pure political posturing on the backs of those dead marines. and i want to read something else, too. that marines have said that they had prepared for this training program for a good long time, and they never would have done it if they didn't have the resources to do it. so it's the marines versus harry reid. we'll be back with steve forbes, judd gregg and harry bernstein. senator gregg, this ain't even politics. this is so low, i can't believe it. >> well, it's hard to explain. harry reid is a friend. i suspect it was said in the moment. without any conscious thought about what the implications of it were. and i suspect he regrets saying it. and he is a decent individual, harry reid, and certainly understands the importance of our military and the trauma that these families must be going through right now and they shouldn't be drawn into something like this. >> that's the thing. and the marine corps made it very clear. again, they had been planning this ex
reid for that statement. and they say, quote, it is pure political posturing on the backs of those dead marines. and i want to read something else, too. that marines have said that they had prepared for this training program for a good long time, and they never would have done it if they didn't have the resources to do it. so it's the marines versus harry reid. we'll be back with steve forbes, judd gregg and harry bernstein. senator gregg, this ain't even politics. this is so low, i can't...
29
29
Oct 2, 2013
10/13
by
CNBC
tv
eye 29
favorite 0
quote 0
reid and boehner speaking by phone. the conversation described right there by senator reid as cordial. we will continue to follow that story. coming up, we are going to discuss the latest out of d.c. as the president meets with business leaders. what's he telling them? what is he saying to them? cht so ally bank really has no hidden fees on savings accounts? no hidden fees. it'just that i'm worried about you know "hidden things." ok, why's that? well uhhh... hey daddy, what's your job? daddy's a uhh florist. are you really a florist? dad, why are there shovels in the trunk? there's no shovels in my trunk. i see shovels... you don't see no shovels. just am. well, it's true. at ally there are no hidden fees. not one. that's nice. no hidden fees, no worries. ally bank. your money needs an ally. . >>> we have an important reminder, countdown on for must-see tv. john harwood with his interview of the president, president obama, this afternoon, 4:00 p.m. eastern right here on cnbc. make sure to catch that at the countdown clo
reid and boehner speaking by phone. the conversation described right there by senator reid as cordial. we will continue to follow that story. coming up, we are going to discuss the latest out of d.c. as the president meets with business leaders. what's he telling them? what is he saying to them? cht so ally bank really has no hidden fees on savings accounts? no hidden fees. it'just that i'm worried about you know "hidden things." ok, why's that? well uhhh... hey daddy, what's your...
127
127
Jan 31, 2013
01/13
by
CNBC
tv
eye 127
favorite 0
quote 0
harry reid would be stupid to take that kind of risk. if anything, the timing of the fbi raid may have been encouraged by senator reid and the democratic leadership. they want to get it resolved as quickly as possible so that committee, the senator foreign relations committee can do its job. >> menendez said in his statement that he rode the plane -- his buddy's plane three times. david, is that new information? i thought it was one time. three times, that's a third party transaction. this is the part that troubles me. >> we don't know where the trips were. i can tell you we'll report it in greater detail. we have reviewed over 400 f.a.a. records another 58 trips to another airport in the dominican republic. we don't know if senator menendez is copping to having been on the plane between washington and newark. we don't know what he's admitting to. he's been cagey. regarding the disclosures and the ethics committee either he accepted the travel as a gift regarding his official business in which case he would have to have permission from t
harry reid would be stupid to take that kind of risk. if anything, the timing of the fbi raid may have been encouraged by senator reid and the democratic leadership. they want to get it resolved as quickly as possible so that committee, the senator foreign relations committee can do its job. >> menendez said in his statement that he rode the plane -- his buddy's plane three times. david, is that new information? i thought it was one time. three times, that's a third party transaction....
108
108
Sep 27, 2013
09/13
by
CNBC
tv
eye 108
favorite 0
quote 0
he's being very -- he and reid are going out of their way to insult boehner. whatever position you are, republican, democrat, okay, let the games begin. i've been in the process. you've been in that process. we've all been in that process. but those guys, they don't play well with other children. i think that's really going to be a long-term problem. they just don't. they can dish it out. but can they take it when it comes back to them? >> but the law passed. >> implementation is october 1st. today's september 27th. >> so let it pass. >> some laws pass and then are taken back when they don't work. >> aren't we all clear the employer mandate has been delayed one year by this administration. the same administration has requested a one-year delay and the employer mandate -- joe manchin said it was reasonable and sensible -- >> he changes his mind every other week. >> are you disavowing him? what about mary landrieu? >> they're democrats by name sometimes. >> you're saying obama is trying to warn us. he's not a traffic cop. he's the president. >> i have to get out
he's being very -- he and reid are going out of their way to insult boehner. whatever position you are, republican, democrat, okay, let the games begin. i've been in the process. you've been in that process. we've all been in that process. but those guys, they don't play well with other children. i think that's really going to be a long-term problem. they just don't. they can dish it out. but can they take it when it comes back to them? >> but the law passed. >> implementation is...
512
512
Oct 14, 2013
10/13
by
CNBC
tv
eye 512
favorite 0
quote 0
we're all waiting for reid and mcconnell to come out and say, it's buttoned up. and count on then the fact that the house of representatives would feel at the 11th hour needed to put this on the floor and it would likely pass, guys. >> you know, john, i can't help but wonder if they're eating magic beens ans in washington because how did we go from no progress in washington to within inches of a deal today? why should investors believe the hype? >> well, it was never true that there was no progress on sunday. i talked to aides yesterday afternoon who said they had productive talks and that they expected to reach an agreement. so, this may be a surprise to some people, but not to everybody. there was an initial negotiation with house of representatives that fell apart because the president wasn't willing to sign onto the terms of house republicans. but the bipartisan leadership of the senate was talking, working together and they were coming up by late yesterday with the framework of this deal. >> john, thank you very much. i was saying earlier that wall street wa
we're all waiting for reid and mcconnell to come out and say, it's buttoned up. and count on then the fact that the house of representatives would feel at the 11th hour needed to put this on the floor and it would likely pass, guys. >> you know, john, i can't help but wonder if they're eating magic beens ans in washington because how did we go from no progress in washington to within inches of a deal today? why should investors believe the hype? >> well, it was never true that there...
112
112
Dec 5, 2013
12/13
by
CNBC
tv
eye 112
favorite 0
quote 0
senate majority leader, harry reid, is exempting his staff. it is nothing but hypocrisy and we're going to talk to former senator kay bailey hudson about that. stay with us, i'm kudlow. [ paper rustles, outdoor sounds ] ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> now, another big obama story >>> now, another big obama story >>>
senate majority leader, harry reid, is exempting his staff. it is nothing but hypocrisy and we're going to talk to former senator kay bailey hudson about that. stay with us, i'm kudlow. [ paper rustles, outdoor sounds ] ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. [ male announcer...
664
664
Oct 11, 2013
10/13
by
CNBC
tv
eye 664
favorite 0
quote 0
philadelphia gave us andy reid one of the best coaches. they are playing the raiders, they will be playing at home. kansas city is very tough at home. i think kansas city will win big this week. >> you're on kansas city, what do you think? >> you know, as far as the game i like, i probably like the steelers here. jets beat my falcons pretty good monday night. i think the steelers will get it together. they have veteran leadership there. i would look for the steelers in a close one. in one game. >> tom, there is a lot of buzz over the spread in the broncos jaguars game of 26.5. what do you think, can the broncos cover it. >> i don't think so. in professional football, it's made up of excellent athletes. for whatever reason they may not play well week to week, usually it's coaching. if you get them mad enough slapping a big spread on them they will play at the top of their game. i don't think the jags will win. but i don't think the broncos are going to cover that spread. >> all right. you don't think the jags will pull it off. all right. th
philadelphia gave us andy reid one of the best coaches. they are playing the raiders, they will be playing at home. kansas city is very tough at home. i think kansas city will win big this week. >> you're on kansas city, what do you think? >> you know, as far as the game i like, i probably like the steelers here. jets beat my falcons pretty good monday night. i think the steelers will get it together. they have veteran leadership there. i would look for the steelers in a close one....
41
41
Sep 30, 2013
09/13
by
CNBC
tv
eye 41
favorite 0
quote 0
>> reid has kind of poo-pooed that anyway. >> it's a short punt it doesn't do much. we're going to have a shutdown. i think boehner will be looking for at least a couple things from his list of options. whether it be the medical device tax, we delay congress as well, i think that one is an easier one politically. but in the end, i believe that what republicans are looking at is this is going to be a terrible implementation, very difficult, very complex, the horror stories about the american -- the affordable care act are going to be plentiful, so we may have a tactical defeat here, but a strategic victory in 14 or in 16. so i think we need to measure it in longer terms than just, you know, who wins this round of poker. i think clearly it's going to be the senate. it's not going to be tonight. >> secretary, if, indeed, there is a shutdown, talk about what kind of economic impact there might be beyond the very basic fact we will not get the release of the economic data such as the apparels next week. >> zoo between 120 and 140 a month, some which will be retroactive an
>> reid has kind of poo-pooed that anyway. >> it's a short punt it doesn't do much. we're going to have a shutdown. i think boehner will be looking for at least a couple things from his list of options. whether it be the medical device tax, we delay congress as well, i think that one is an easier one politically. but in the end, i believe that what republicans are looking at is this is going to be a terrible implementation, very difficult, very complex, the horror stories about the...
86
86
Oct 3, 2013
10/13
by
CNBC
tv
eye 86
favorite 0
quote 0
harry reid? all this nonsense could have been put to rest if they'd taken pat toomey's bill and they wouldn't do it, bob. that's why i think they're insincere and trying to cause trouble. >> you're right. there's a false sense of hysteria out there and a lot of it has to do on the president's side. let's remember one thing here, larry and robert. the president needs to show leadership. he is the head of our executive branch. and one should make the argument he should be negotiating in full faith behind closed doors. 17 years ago when it was bill clinton on the stage, bill clinton had partisan jabs from a public standpoint, but behind the scenes he was negotiating, showing leadership, and behind the scenes he was literally conceding different points. we don't see that with this white house. >> i was saying, i couldn't disagree more respectfully, robert. if democrats refuse to raise the debt ceiling for unrelated issues saying they want on-demand abortion across the country, they'd be laughed out o
harry reid? all this nonsense could have been put to rest if they'd taken pat toomey's bill and they wouldn't do it, bob. that's why i think they're insincere and trying to cause trouble. >> you're right. there's a false sense of hysteria out there and a lot of it has to do on the president's side. let's remember one thing here, larry and robert. the president needs to show leadership. he is the head of our executive branch. and one should make the argument he should be negotiating in...
104
104
Oct 25, 2013
10/13
by
CNBC
tv
eye 104
favorite 0
quote 0
harry reid and even some republicans are now talking tax hikes. don't do it, gop, it's a big mistake. get this, the president doesn't even think we need spending cuts. that's all. listen to what he just said a few hours ago in brooklyn. >> session with cutting just for the sake cutting hasn't helped our economy to grow it's held it back. it won't help us build a better society for your again regulate. and by the way, it's important to remember, for those who are following the news, our deficits are getting smaller. they have been cut in half since i took office. >> unbelievable. president doesn't want spending cuts, democrats and even some republicans want tax hikes. not good. all those stories and much more coming up in the kudlow report beginning right now. >>> good evening everyone i'm larry kudlow. this is "the kudlow report". we're live here at 7:00 p.m. eastern and 4:00 p.m. pacific. the obama administration is making bold new obama care promises this evening. the man charged with fixing obama care has broken site, former omb acting director
harry reid and even some republicans are now talking tax hikes. don't do it, gop, it's a big mistake. get this, the president doesn't even think we need spending cuts. that's all. listen to what he just said a few hours ago in brooklyn. >> session with cutting just for the sake cutting hasn't helped our economy to grow it's held it back. it won't help us build a better society for your again regulate. and by the way, it's important to remember, for those who are following the news, our...
45
45
Oct 14, 2013
10/13
by
CNBC
tv
eye 45
favorite 0
quote 0
i've been speaking with aides to harry reid and mitch mcconnell. let me bring you up to date on what their offers are. what harry reid is seek in his talks with mitch mcconnell are a two-month extension of government funding to reopen the government that would allow democrats then to renegotiate changes to the sequester levels. he wants a six-month rise in the debt ceiling to ease potential crisis. mitch mcconnell wants a shorter debt ceiling increase, he wants that for three months. and he want is alonger continuing resolution to reopen the government because it would allow republicans to keep the sequester levels lower. there may be a delay in the medical device tax, stronger income verification steps for participants in the exchanges who would be eligible for subsidy. but democrats are saying they would have to be offset by concessions by republicans, maybe tax loophole closings. and on the question of the vitter amendment which some republicans have talked about, which would change the terms under which members of congress and their staffs coul
i've been speaking with aides to harry reid and mitch mcconnell. let me bring you up to date on what their offers are. what harry reid is seek in his talks with mitch mcconnell are a two-month extension of government funding to reopen the government that would allow democrats then to renegotiate changes to the sequester levels. he wants a six-month rise in the debt ceiling to ease potential crisis. mitch mcconnell wants a shorter debt ceiling increase, he wants that for three months. and he...
99
99
Oct 1, 2013
10/13
by
CNBC
tv
eye 99
favorite 0
quote 0
right now house republicans keep pushing, so does harry reid. i think the shutdown will continue to endure unless one side blinks and the other side wants it. >> senator hutchinson, welcome back. this seems tougher, a little more ill will than usual. you tell me what you're thinking here. >> you're absolutely right. there is more ill will because the president and congress just cannot get together. the president says we're not going to negotiate at all, period. you can't do that. there were two branches of government here at stake. you have the presidency, you have congress. you've got to come together. reagan showed it. tip o'neill showed it. come on. i agree to your point. i love the football analogy. i'm a good yankee. >> you're from texas, i know. >> it's right though. you have to fight another day. i mean, we can't win this particular battle at this particular time. we fought. i was voting against obama care on christmas eve, larry, and we lost. now we've got to take it to the people. we've got to take it up on the debt limit for god's sake
right now house republicans keep pushing, so does harry reid. i think the shutdown will continue to endure unless one side blinks and the other side wants it. >> senator hutchinson, welcome back. this seems tougher, a little more ill will than usual. you tell me what you're thinking here. >> you're absolutely right. there is more ill will because the president and congress just cannot get together. the president says we're not going to negotiate at all, period. you can't do that....
149
149
Oct 10, 2013
10/13
by
CNBC
tv
eye 149
favorite 0
quote 0
if harry reid comes out tonight and says no deal. >> which he did. he did say. >> there is no more conversation tonight, i would not be surprised immediately tomorrow they take back at least half of what they -- they give back 150 points, half of what they took today. >> if we're talking about doing something -- negotiations that take place over the next six week, and the government is either open or it's not open. let's assume it opens before six weeks. >> right. >> either way you're going to see a lot more volatility it seems to me and that the market is going to react as it did today to headlines and to every twitch and twitter to somebody saying something or clearing their throat on capitol hill. >> the key is at some point down the road, the shutdown does affect the economy. >> absolutely. >> and profits. >> that's what is going on here. the debt crisis was a much bigger, more immediate issue with the u.s. treasury defaulting on debt. and i've argued until i'm blue in the face, never, never, never, never. and it's about 30% of the budget, by the
if harry reid comes out tonight and says no deal. >> which he did. he did say. >> there is no more conversation tonight, i would not be surprised immediately tomorrow they take back at least half of what they -- they give back 150 points, half of what they took today. >> if we're talking about doing something -- negotiations that take place over the next six week, and the government is either open or it's not open. let's assume it opens before six weeks. >> right....
151
151
Nov 22, 2013
11/13
by
CNBC
tv
eye 151
favorite 0
quote 1
i know harry reid and obama are blaming this all on senate filibusters. but really, they're blaming it on the house republicans. which stopped the legislation. i know the house doesn't confirm. i know it's a different function. but i think that's really the undertow here. and that's why i just wonder, the gop came out today with a lot of heavy breathing, but never really said if we take over the senate in 2014, we will change this. that troubled me. republicans are being a little too easy on this process. >> it won't be changed. if the senate taken over by republicans, one day it will. this is now a firm new feature. i've made the case the filibuster is overused by both par parties. but there is a right way and long way to fix it. you don't move the fences in when your team is up to plate. >> what is the right way? >> the right way would have been to make the effective date of such a change january of 2015. nobody knows who will control the senate in the next congress. it might go republican. if it's being overabused, which it is, you make the effective d
i know harry reid and obama are blaming this all on senate filibusters. but really, they're blaming it on the house republicans. which stopped the legislation. i know the house doesn't confirm. i know it's a different function. but i think that's really the undertow here. and that's why i just wonder, the gop came out today with a lot of heavy breathing, but never really said if we take over the senate in 2014, we will change this. that troubled me. republicans are being a little too easy on...
184
184
Jan 24, 2013
01/13
by
CNBC
tv
eye 184
favorite 0
quote 0
there was great unity and they called the president's and harry reids bluff. they agreed with speaker gingrich when he said don't move the debt ceiling. sequester is the key. >> sequester is the key. it what his boss and president obama do not want. it would trim 1.2 trillion dollars, most of which would come out of social programs. however, if you were going to annihilate the republicans, would you choose to split the gop? in other words, i'm interested in the mechanics of this annihilation scenario. let me begin with immigration. the republican party is split on immigration. i'm glad they're split on immigration. at least now there are new sensible voices. i tend to be a little more enlightened on this. is immigration where obama go to split the gop? >> if you want me to be honest -- >> be totally honest. >> you want annihilation. can you say that on this show. >> thank you. i think kelly ann might be able to back me up on this. i think the annihilation of the republican party is happening by elements of the republican party. you talked about the split you h
there was great unity and they called the president's and harry reids bluff. they agreed with speaker gingrich when he said don't move the debt ceiling. sequester is the key. >> sequester is the key. it what his boss and president obama do not want. it would trim 1.2 trillion dollars, most of which would come out of social programs. however, if you were going to annihilate the republicans, would you choose to split the gop? in other words, i'm interested in the mechanics of this...
110
110
Oct 9, 2013
10/13
by
CNBC
tv
eye 110
favorite 0
quote 0
so is senator harry reid. the reason we're at this impasse is because senator reid hasn't passed an appropriations bill in two years. that's the primary function of congress is to authorize the activity of the federal government and then fund it, pass appropriation bills. we haven't been doing that in the senate. we've been utterly awol, derelict in our duties. that's the reason we're in this position. but we have to maintain the leverage if we're ever going to get president obama to start stepping up to the plate and addressing our long-term debt and deficit issues. >> historically during this recent period, democrats in the senate -- i don't know about the house. the house is a little more split. but democrats in the senate have been totally opposed to entitlement reform of any kind, even the stuff like cost-of-living adjustments that obama is in favor of. do you think that logjam can ever be broken? >> only with information and political pressure. i was involved in some of those white house discussions. wha
so is senator harry reid. the reason we're at this impasse is because senator reid hasn't passed an appropriations bill in two years. that's the primary function of congress is to authorize the activity of the federal government and then fund it, pass appropriation bills. we haven't been doing that in the senate. we've been utterly awol, derelict in our duties. that's the reason we're in this position. but we have to maintain the leverage if we're ever going to get president obama to start...
150
150
Sep 30, 2013
09/13
by
CNBC
tv
eye 150
favorite 0
quote 0
senator reid and mr. obama, it's not ready for primetime. >> so if a delay of obama care is not part of this, you're telling me and our viewers and all of the constituents out there who are watching this that you in fact are willing to vote to shut down the government? >> i believe we'll have another opportunity for harry reid to keep the government open. but when president obama refuses to even negotiate, he won't come off the golf course and join the debate, these are the things that might happen. the house is a very clear position. let the senate debate and have a full accounting of the budget and the appropriations. we don't have to shut the government down. >> you've been asked a straight question and the answer is? answer it straight. if you don't get your way, if obama care isn't defunded, you're going to vote no, i'm going to vote yes. and my request is, and this is what the american people by a clear majority want, bring the senate bill up for a vote in the house today. give us a chance to vote y
senator reid and mr. obama, it's not ready for primetime. >> so if a delay of obama care is not part of this, you're telling me and our viewers and all of the constituents out there who are watching this that you in fact are willing to vote to shut down the government? >> i believe we'll have another opportunity for harry reid to keep the government open. but when president obama refuses to even negotiate, he won't come off the golf course and join the debate, these are the things...
97
97
Oct 14, 2013
10/13
by
CNBC
tv
eye 97
favorite 0
quote 0
but when the senate reopened at 2:00, reid and mcconnell both went to the floor. both said they were optimistic a deal would be struck. i think the delay in this white house meeting is further evidence that they are trying to button this up before they put something in front of the bipartisan leadership. senate would act first and the belief is nobody can take this to the bank, but the belief among the senate leaders are that if they pass this through the senate, then the house would have to consider it and the house would have no choice but to go ahead and pass it, reopen the government and raise the debt limit, avert this potential crisis we're all talking about for later in the week. >> thanks very much. stay tuned. much more to come on that. let's check how the markets have been reacting to the talks, or lack tlof hereoff. we have jean, gene, steve grasso and our own jeff cox. just a reminder, it's been a partial shutdown day on wall street as well since the bond market is closed, right? >> that's right. >> for columbus day. we don't have that market to think
but when the senate reopened at 2:00, reid and mcconnell both went to the floor. both said they were optimistic a deal would be struck. i think the delay in this white house meeting is further evidence that they are trying to button this up before they put something in front of the bipartisan leadership. senate would act first and the belief is nobody can take this to the bank, but the belief among the senate leaders are that if they pass this through the senate, then the house would have to...
199
199
Feb 5, 2013
02/13
by
CNBC
tv
eye 199
favorite 0
quote 0
reid, the guy hardly talks. when he does he's barely copacetic. i heard him say we want to change everything, rip it up and have at least half the tax hikes. that's what the president said. what can they be thinking? if nothing happens. if the house does nothing the sequester automatically goes through. do you get it? >> yeah. >> does obama? >> this is what i think the game is. this is what will happen. they will try to get some of the tax reform, close some of the loopholes on one side. and obama could float the idea for social security. >> they're not going to get anything this time. next year, i have no idea. this is one year at a time. unless they are going to commit suicide. >> even with reforms to social programs? >> it's not going to happen. it's less than a month away. this is february 4. it's march 1. a spending cut in our lifetime. imagine that. >> it's a pro growth measure. >> that's exactly what it is. spending cuts are pro growth. >> republicans don't fear it as much as the democrats like to think we do. because we think you have to s
reid, the guy hardly talks. when he does he's barely copacetic. i heard him say we want to change everything, rip it up and have at least half the tax hikes. that's what the president said. what can they be thinking? if nothing happens. if the house does nothing the sequester automatically goes through. do you get it? >> yeah. >> does obama? >> this is what i think the game is. this is what will happen. they will try to get some of the tax reform, close some of the loopholes...
97
97
Oct 11, 2013
10/13
by
CNBC
tv
eye 97
favorite 0
quote 0
the president and harry reid and nancy pelosi now smell blood. and they're going to be very few changes or reforms around the edges in order to get out of this mess. rather than have grand tax reform or a grand bargain, the odds have gone up dramatically that it's going to be trench warfare heading into the political season. that means bad news for any immigration bill, whether small or big. it means -- believe me, there were a lot of nervous democrats on obama care. privately, a lot of nervous democrats know obama care is, shall we say, problematic. but the chances of convincing the president to go along with any of that are gone. >> the republicans stepped on their best line. >> right. what is the enemy of growth right now? it's uncertainty, high tax rates, policy -- >> obama care regulations. >> epa regulations. all of those are now more likely to be static, not changing for the next 14 months. that's bad news for the country -- >> at least ryan -- i give ryan credit. ryan wants to make the good fight on the pro-growth issues. it's the first t
the president and harry reid and nancy pelosi now smell blood. and they're going to be very few changes or reforms around the edges in order to get out of this mess. rather than have grand tax reform or a grand bargain, the odds have gone up dramatically that it's going to be trench warfare heading into the political season. that means bad news for any immigration bill, whether small or big. it means -- believe me, there were a lot of nervous democrats on obama care. privately, a lot of nervous...
88
88
Oct 7, 2013
10/13
by
CNBC
tv
eye 88
favorite 0
quote 0
reid i guess doesn't talk to republicans. that's why i don't see a path to ending this anytime soon. what's your take? >> well, i don't see it ending anytime soon because you have very entrempged sides. it's deifficult too expect them to negotiate when speaker boehner has a hard time negotiating with his own caucus. i think we all understand that reality. i think the most likely scenario, and i put that in compa quotation marks, is some kind of short term extension of the debt ceiling, short term cr until like november or tdecember more likely to release the steam valve, if you have. the reality is if anyone is expecting the president and dwm democrats to agree to the terms republicans have been out there on additional spending cuts as well as obama care, i don't think that's a negotiation you can have. >> then we won't go anywhere. if they're all going to be stubborn, if obama stays out of this and everybody will be stubborn, it won't get solved. let's go down the road here. november 15th was the deadline for theirry read's
reid i guess doesn't talk to republicans. that's why i don't see a path to ending this anytime soon. what's your take? >> well, i don't see it ending anytime soon because you have very entrempged sides. it's deifficult too expect them to negotiate when speaker boehner has a hard time negotiating with his own caucus. i think we all understand that reality. i think the most likely scenario, and i put that in compa quotation marks, is some kind of short term extension of the debt ceiling,...
170
170
Oct 2, 2013
10/13
by
CNBC
tv
eye 170
favorite 0
quote 0
at the same time, reid and the senate has to get something that is clean. they will not meet. they will not have conferences. they will not have conferrees. they will not deal with anything else until that precondition is met. it's going to be up to the president, in my humble opinion, to knock heads together and say, look, you guys have to get together and work towards a shutdown asap. you're going to have to give a side, you're going to have to give a side in order to get that done. i didn't hear that. i didn't hear any urgency. i didn't hear anything about knocking heads together. i think that's the problem with the whole process here. >> it's very difficult when the president says, i'll compromise, i'll talk to anyone, as long as you agree with everything i say. it's hard as a starting point from there. >> what did you hear -- >> let's not forget -- >> steve, the president's line it's different this time and wall street should be concerned about the negotiations going on right now? >> i think that's basically the president trying to rally the troops and say, listen, lean o
at the same time, reid and the senate has to get something that is clean. they will not meet. they will not have conferences. they will not have conferrees. they will not deal with anything else until that precondition is met. it's going to be up to the president, in my humble opinion, to knock heads together and say, look, you guys have to get together and work towards a shutdown asap. you're going to have to give a side, you're going to have to give a side in order to get that done. i didn't...
118
118
Sep 25, 2013
09/13
by
CNBC
tv
eye 118
favorite 0
quote 0
harry reid didn't get that press. nancy pelosi didn't get that kind of ink. it was ted cruz who made his points. and i think he scored. andrew blood. >> i think ted cruz did a fabulous job of draw attention to himself. i'll agree with you on that, larry. look, this is man who is seen by many in the mainstream republican party a future leader of the republican party. what ted cruz has accomplished in this all-night filibuster is drawing himself into an ideological rant that further marginalizes himself, has no chance of passing this defunding. i mean, republicans have done this dozens and dozens of times. this is a last-ditch desperate effort to hijack the american budget for one political issue that is the law of the land. and this is unprecedented larry. >> you ever see how bad? let me be specific, because this is where i wanted to go. >> over 50%. >> you ever see how bad the individual mandate polls with taxes and its specifications and its lack of verification. >> i'll tell you. >> no, mark. you can make cheap shots at ted cruz. but i want to tell you. tak
harry reid didn't get that press. nancy pelosi didn't get that kind of ink. it was ted cruz who made his points. and i think he scored. andrew blood. >> i think ted cruz did a fabulous job of draw attention to himself. i'll agree with you on that, larry. look, this is man who is seen by many in the mainstream republican party a future leader of the republican party. what ted cruz has accomplished in this all-night filibuster is drawing himself into an ideological rant that further...
217
217
Jan 2, 2013
01/13
by
CNBC
tv
eye 217
favorite 0
quote 0
speaker boehner was upset at harry reid because harry reid made some very intemperate and over the top kind of ridiculous remarks about the speaker as a dictatorship which, of course, is silly when you consider the speaker couldn't even get his own plan "b" cleared on the floor of the house of representatives because of republican opposition, but that's the kind of tension that arises when you've got polarized parties and one party especially in the grip of a faction that is very conservative, doesn't go by the normal political rules of what compromise is about and what the government ought to spend money for. >> i mean, the story, is harry read, as we all know, referred to john boehner as a dictator on the floor that day, and we're hearing that john boehner dropped an f-bomb on harry reid outside the oval office. >> that's not routine. >> that's not routine. >> oh, it's -- it's more routine than you think. we all remember when dick cheney, the vice president, ran into pat leahy, the veteran senator who is now the senator -- senate pro tempor, the dean of the senate from vermont, ran i
speaker boehner was upset at harry reid because harry reid made some very intemperate and over the top kind of ridiculous remarks about the speaker as a dictatorship which, of course, is silly when you consider the speaker couldn't even get his own plan "b" cleared on the floor of the house of representatives because of republican opposition, but that's the kind of tension that arises when you've got polarized parties and one party especially in the grip of a faction that is very...
98
98
Sep 25, 2013
09/13
by
CNBC
tv
eye 98
favorite 0
quote 0
and harry reid was complaining on the floor after ted cruz finished speaking that this whole thing has been a waste of time. here's the majority leader. >> it has been a big waste of time. the government is set to shut down in a matter of hours. just a few days. the government will close. and it's a shame we're standing here having wasted perhaps two days. >> reporter: now we've also had since harry reid talked, john mccain went on the senate floor and took a shot at ted cruz for having compared the people who stood by while obama care passed to nazi appeasers. i have to say, any reasonable person would think that is an insane analogy. in any case, we're now going to have the vote and after we get through that vote, we will have more talking for at least a day or two and then it will be up to the house and speaker john boehner to decide whether or not they're going to have a clean extension of government funding or send the bill back with a new condition for the senate to deal with, guys. >> what's your sense of that, john? the markets are looking for some clarity on this. understandab
and harry reid was complaining on the floor after ted cruz finished speaking that this whole thing has been a waste of time. here's the majority leader. >> it has been a big waste of time. the government is set to shut down in a matter of hours. just a few days. the government will close. and it's a shame we're standing here having wasted perhaps two days. >> reporter: now we've also had since harry reid talked, john mccain went on the senate floor and took a shot at ted cruz for...
214
214
Nov 1, 2013
11/13
by
CNBC
tv
eye 214
favorite 0
quote 2
harry reid will definitely give them. it doesn't mean it will pass. >> larry, it's a long time to november 2014. >> i'll grant you that. this thing completely change. the republicans went from deep, deep yogurt. now i don't know that they're ahead. i'm not sure. >> the republican party has record lows. >> what is happening is both parties are digging the ditch deeper for themselves. jimmy kemp, what should the gop, real quick, what should their message be? >> the message has to be about growth, and that individuals pursue their separate interests. that's what our country is based on. free market principles. and the republican party is the party that best represents those, but it has to have the pro-growth positive message. >> does it have it? >> we need more happy people. i think there are a lot of great leaders out there. paul ryan, who you interviewed tuesday night at our dinner is one of the great one ones. and we need more of them. >> i got to jam. thank you very much. appreciate. quick note, one of the "kudlow report
harry reid will definitely give them. it doesn't mean it will pass. >> larry, it's a long time to november 2014. >> i'll grant you that. this thing completely change. the republicans went from deep, deep yogurt. now i don't know that they're ahead. i'm not sure. >> the republican party has record lows. >> what is happening is both parties are digging the ditch deeper for themselves. jimmy kemp, what should the gop, real quick, what should their message be? >> the...
202
202
Sep 20, 2013
09/13
by
CNBC
tv
eye 202
favorite 0
quote 0
top senate harry reid says health care shutting down is a waste of time. congresswoman sandy levin will be with me. he agrees. harry kudlow will be here also. [ male announcer ] let's say you pay your guy around 2% to manage your money. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. farmers presents: fifteen seconds of smart. so you want to drive more safely? stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ >>> it was a tough, tough day for blackberry. company reporting it will lay off 4,500 employees. that's 40% of the company's global workforce. it's expecting a huge quarterly loss. dominic with more stats on how bad the situation is at blackberry. >> they look like it will settle down, like we said, about 17% f
top senate harry reid says health care shutting down is a waste of time. congresswoman sandy levin will be with me. he agrees. harry kudlow will be here also. [ male announcer ] let's say you pay your guy around 2% to manage your money. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. farmers presents: fifteen seconds of...
127
127
Sep 26, 2013
09/13
by
CNBC
tv
eye 127
favorite 0
quote 0
something harry reid said? did i buy my 17-foot boston whaler because i like the treasury secretary scaring me to death about the odds of a shutdown? we attribute all of the apparent weakness to shopping in washington, isn't it true to call that washington, too? on highly publicized mode. every has a view on the stock market. particular when the bad. i heard people saying the failure of walmart, because of qe 2. if it weren't for qe 3, how horrible would walmart sales be? all this is nut, people. it's crazy. it's crazy to lay everything at the feet of washington no matter how much we hate it. granted, i accept the bond buying market. bond equivalent they talk about all the time. the fed isn't everything. it isn't everywhere. they're not omni present they're not, neither are the congress or the president. can you keep this from the hazards of washington? given what i just explained, that anything bad will be blamed on washington, what you have to do right now is pick stocks that have a little to do with our gove
something harry reid said? did i buy my 17-foot boston whaler because i like the treasury secretary scaring me to death about the odds of a shutdown? we attribute all of the apparent weakness to shopping in washington, isn't it true to call that washington, too? on highly publicized mode. every has a view on the stock market. particular when the bad. i heard people saying the failure of walmart, because of qe 2. if it weren't for qe 3, how horrible would walmart sales be? all this is nut,...
87
87
Sep 10, 2013
09/13
by
CNBC
tv
eye 87
favorite 0
quote 0
members of congress are extremely sensitive to the numbers like that which is why harry reid after a briefing from the president came out today and embraced the possibility of a diplomatic route. >> the president's credible threat of military action has opened up the possibility that this goal can be achieved through diplomatic means instead of military means. but overlying all of this if we're going to have any success diplomatically in the future on this issue, we have to make sure that the credible threat of military action remains. >> so the road ahead for syria from here is the beginning of some sort of process in the united nations. getting rid or quarantining syria's chemical weapons. something you can recally an international coalition for. you have a day in the senate and the house votes that the president was trying to fight an uphill battle to win and then you have the president's speech tonight in which he gets a second chance to argue to americans this is why you need to stick with me and emotionally, larry, when it's turned around because of this syria/russia initiative
members of congress are extremely sensitive to the numbers like that which is why harry reid after a briefing from the president came out today and embraced the possibility of a diplomatic route. >> the president's credible threat of military action has opened up the possibility that this goal can be achieved through diplomatic means instead of military means. but overlying all of this if we're going to have any success diplomatically in the future on this issue, we have to make sure that...
114
114
Oct 15, 2013
10/13
by
CNBC
tv
eye 114
favorite 0
quote 0
harry reid came out after that house press conference and lit into john baner. >> we felt blind sided from the news of the house. extremist republicans in the house of representatives are attempting to torpedo the senate's bipartisan progress. let's be clear the house legislation will not pass the senate. >> i've been talking to members since then. the house proposal is still being tweaked to figure out how they could get the votes to pass it. on the senate side, democrats and republicans say the talks between reid and mcconnell could be restarted this afternoon. right now members of both republican and democratic caucuses are having their weekly lunch. we expect them to come out to cameras at about 2:15 and then we're going to learn where we are exactly at this moment. still some hope that senate process will resume, result in a deal that could be passed tonight or tomorrow. >> thank you very much. stay with us. because we're going to broaden out the discussion now, here to discuss the showdown in washington is peter henry, dean of the stern school of business at new york university.
harry reid came out after that house press conference and lit into john baner. >> we felt blind sided from the news of the house. extremist republicans in the house of representatives are attempting to torpedo the senate's bipartisan progress. let's be clear the house legislation will not pass the senate. >> i've been talking to members since then. the house proposal is still being tweaked to figure out how they could get the votes to pass it. on the senate side, democrats and...
133
133
Sep 10, 2013
09/13
by
CNBC
tv
eye 133
favorite 0
quote 1
here's harry reid, the senate democratic leader after that meeting between the president and democratic senators. >> the president's credible threat of military action has opened up the possibility that this goal can be achieved through diplomatic means. instead of military means. but overlying all of this, if we're going to have success diplomatically in the future on this issue, we have to make sure that the credible threat of military action remains. >> now, of course, the reason that the president needed to go up on the hill and that harry reid welcomed the delay in the vote by democrats and republicans, is the fact that in the new nbc/"wall street journal" poll, six in ten americans say they don't back the use of military force. the president needs to shore up that credibility only a third say they do. if you look at the road ahead, next steps on syria, you've got some sort of a u.n. process, the president talked to the president of france, the prime minister of britain today to try to rally them behind this and rally behind the idea of the united nations participating in a dismant
here's harry reid, the senate democratic leader after that meeting between the president and democratic senators. >> the president's credible threat of military action has opened up the possibility that this goal can be achieved through diplomatic means. instead of military means. but overlying all of this, if we're going to have success diplomatically in the future on this issue, we have to make sure that the credible threat of military action remains. >> now, of course, the reason...
118
118
Sep 23, 2013
09/13
by
CNBC
tv
eye 118
favorite 0
quote 0
remember, harry reid may have his own surprise. i would not be shocked if harry reid put in a small tax increase to pay for higher military spending and put republicans on the spot in military-oriented districts. >> in the cr. >> yes. >> so he'll break the sequester and try to sneak in a tax hike. >> the big goal that obama has is to get rid of the budget control act in the sequester which originally, of course, was his idea. >> if they try, that john could be right, i've heard those rumors, if they try that then the shutdown is still very much a threat and democrats could be blamed for the shutdown, so going from a clean cr to a complicated cr, break the sequester and raise taxes, that's a different ball game, matt miller. >> it is, but i -- i don't expect that. i think we're going toned up with some version of a clean cr and the republicans will push the fight. you know, the next absurd fight to the debt ceiling thing, and we'll come back and do this in a little bit. meanwhile, ted cruz is the one who gets the most mileage out of
remember, harry reid may have his own surprise. i would not be shocked if harry reid put in a small tax increase to pay for higher military spending and put republicans on the spot in military-oriented districts. >> in the cr. >> yes. >> so he'll break the sequester and try to sneak in a tax hike. >> the big goal that obama has is to get rid of the budget control act in the sequester which originally, of course, was his idea. >> if they try, that john could be...
108
108
Sep 27, 2013
09/13
by
CNBC
tv
eye 108
favorite 0
quote 0
for now harry reid was thankful that republicans, more han of that in the republican caucus, went against ted cruz and his filibuster and voted to move forward. here's harry reid. >> i'm confident many of my republican colleagues will vote with us to allow the government to perform its basic duties. together we'll send a message to radical republicans that we will not allow the law of the land to be used as a hostage. >> reporter: but now the bill is going to go back later this afternoon into the hands of the house republican caucus and speaker boehner is going to have to decide whether republicans are willing to avoid a shutdown and extend government funding, or whether he's going to have to turn to democratic leader nancy pelosi and get a significant number of votes from her and pass an extension of government funding with republican and democratic votes. if he doesn't do that, and the house can't pass the extension, we're going to go into a shutdown while the who chambers continue to go back and forth. >> all right. john, thank you. i'll take it. that's what's pressuring stocks today o
for now harry reid was thankful that republicans, more han of that in the republican caucus, went against ted cruz and his filibuster and voted to move forward. here's harry reid. >> i'm confident many of my republican colleagues will vote with us to allow the government to perform its basic duties. together we'll send a message to radical republicans that we will not allow the law of the land to be used as a hostage. >> reporter: but now the bill is going to go back later this...
108
108
Oct 3, 2013
10/13
by
CNBC
tv
eye 108
favorite 0
quote 0
i do not fault marry reid at all for this. i think harry wants to see the government running and running as effectively and as lean, as mean as possible. i think that's exactly why the speaker needs to put this bill in front of the house, get them to vote on it. it will pass. then we can start dealing with issues again. important issues. >> senator tester, always good to see you. thank you for your time. glad you're safe. >> thank you. >> jon tester. >> we're just moments away, in the meantime, of hearing from capitol hill police. again, bill, the last time that we heard from them they said 4:15 or thereabouts they'd give us more information. that's coming up. we're going to take a short break. as soon as we come back we'll get to it. keep it here on the "closing bell." mine was earned in djibouti, africa. 2004. vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's com
i do not fault marry reid at all for this. i think harry wants to see the government running and running as effectively and as lean, as mean as possible. i think that's exactly why the speaker needs to put this bill in front of the house, get them to vote on it. it will pass. then we can start dealing with issues again. important issues. >> senator tester, always good to see you. thank you for your time. glad you're safe. >> thank you. >> jon tester. >> we're just...
152
152
Oct 2, 2013
10/13
by
CNBC
tv
eye 152
favorite 0
quote 0
harry reid cannot live on that island. it's flooding and he has nowhere to go. he has to change. >> peter roskam, deputy whip in the house. thank you for joining us. >> thank you. >> the dow touching a three-week low at this hour. all this as the d.c. dysfunction continues. d dominic chu breaking it down with us. >> we're talking about online booking travel company priceline.com. it followed up yesterday's record close with another one today. helped along by positive comments from analysts at lazar. they think there's upside relative to company's prior guidance thanks to better hotel booking and europe trends. next up is blackberry. we saw an intraday spike after a dow report krechlt rberus and one other private investor have interest and the ceo is exploring a bid of his own. blackberry getting a boost. phillips 66 trading higher thanks to a 25% boost in quarterly dividend. it's now 39 cents per share. we'll finish off with tesla. shares posted second straight losing day. baird cut from neutral to losing saying current valuations have flawless excuse of their p
harry reid cannot live on that island. it's flooding and he has nowhere to go. he has to change. >> peter roskam, deputy whip in the house. thank you for joining us. >> thank you. >> the dow touching a three-week low at this hour. all this as the d.c. dysfunction continues. d dominic chu breaking it down with us. >> we're talking about online booking travel company priceline.com. it followed up yesterday's record close with another one today. helped along by positive...
102
102
Jul 30, 2013
07/13
by
CNBC
tv
eye 102
favorite 0
quote 0
and finally, i just want to ask you, in terms of this thing, what about the harry reid argument? i don't know, a couple days ago, harry reid pops up and says oh by the way, democrats want to raise about a trillion dollars because they want to get rid of the sequester. before we get to mike, they want to raise a trillion dollars of additional taxes on individuals because they don't want this sequester. so it looks like we've got whatever, a net increase of, what did you say? $700 billion in corporate revenues and a trillion dollars in individual revenues? these are not fax refotax refore are not tax cuts. >> clearly, the reason why democrats need revenue is because sequestration needs to be replaced. tomorrow we're going to get the gdp report, government spending as a percentage of gdp has come down significantly. they're going to blame the sequester and this positions the president to say the republicans are for austerity and hurting gdp growth. mark my words, that's going to be the debate tomorrow morning. >> mike, what is your take? are you for corporate tax reform at all? as i
and finally, i just want to ask you, in terms of this thing, what about the harry reid argument? i don't know, a couple days ago, harry reid pops up and says oh by the way, democrats want to raise about a trillion dollars because they want to get rid of the sequester. before we get to mike, they want to raise a trillion dollars of additional taxes on individuals because they don't want this sequester. so it looks like we've got whatever, a net increase of, what did you say? $700 billion in...
155
155
Oct 2, 2013
10/13
by
CNBC
tv
eye 155
favorite 0
quote 0
that of course was speak john boehner and senate majority leader harry reid, both speaking after the meeting this evening at the white house. joining us is john harwood, our panel is still with me. chris kofina, kelly ann, and gene. that was a great interview, actually you had a lot of restrained on your side of the aisle, which is fascinating. i enjoy that very much. >> let me go to your interview, which we've been discussing. did you learn anything regarding the possibility of a fiscal grand design, or other solutions to the c.r.? or other compromise on health care? was there anything new that jumped out at all? >> reporter: a couple things, la irry. first of all, he drew that hard line between when he would negotiate and when he wouldn't. when he would is after they reopened the government and raised the debt ceiling. it's a tough line for republicans to cross, but the president said he's determined to break the fever of crisis governance, and also determined to resist what house republicans are doing or attempting to do on his health care plan, which they're not going to succeed
that of course was speak john boehner and senate majority leader harry reid, both speaking after the meeting this evening at the white house. joining us is john harwood, our panel is still with me. chris kofina, kelly ann, and gene. that was a great interview, actually you had a lot of restrained on your side of the aisle, which is fascinating. i enjoy that very much. >> let me go to your interview, which we've been discussing. did you learn anything regarding the possibility of a fiscal...
115
115
Dec 18, 2013
12/13
by
CNBC
tv
eye 115
favorite 0
quote 0
harry reid, i don't ever get harry reid. patty murray put this thing together. i guess reid was behind it. not a single democratic defection, okay? it is not a deal that really favors the democrats. they didn't get what they wanted in their budget. >> not at all. >> why do you think they went along with this so totally? >> it's hobson's choice. shutdown or a bad deal. i think the shutdown, most senate democrat s decided the shutdown is the worst alternative. this is least to worst option before them to keep the government open. of course, they're going to vote for it, but we're going to see some other -- the one issue you didn't mention that's going to be back in the agenda come january is immigration reform. >> the reason they had to vote for it is the house republicans, much derided, crazy house republicans voted more than 2-1 for it. the house republicans had voted to avoid a shutdown. they put the senate democrats in a difficult position. it would have been clearly the senate democrats' fault if this -- house republicans did they job in the chamber. they con
harry reid, i don't ever get harry reid. patty murray put this thing together. i guess reid was behind it. not a single democratic defection, okay? it is not a deal that really favors the democrats. they didn't get what they wanted in their budget. >> not at all. >> why do you think they went along with this so totally? >> it's hobson's choice. shutdown or a bad deal. i think the shutdown, most senate democrat s decided the shutdown is the worst alternative. this is least to...
83
83
Oct 4, 2013
10/13
by
CNBC
tv
eye 83
favorite 0
quote 0
stopped dead by harry reid in the senate. we're going leave it there. congressman tom mcclintock, thanks very much. and i hope your bill passes. talk about bad timing. blake zeff nailed it. just as president obama and the democrats refuse to negotiate over the new health care law, the list of its problems continues to grow. every day brings new stories of glitches with the registration process, sticker shock, and massive confusion. today was no different. nobody is hardly signing up. and we're going to have the latest on the unpleasant obama care surprise just ahead. and please don't forget, folks. free market capitalism is the best path to prosperity. you need a basic government bond market to survive. we have one. someone should that's to the president. i'm kudlow, and i'll be back after this. bny mellon combines investment management & investment servicing, giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright m
stopped dead by harry reid in the senate. we're going leave it there. congressman tom mcclintock, thanks very much. and i hope your bill passes. talk about bad timing. blake zeff nailed it. just as president obama and the democrats refuse to negotiate over the new health care law, the list of its problems continues to grow. every day brings new stories of glitches with the registration process, sticker shock, and massive confusion. today was no different. nobody is hardly signing up. and we're...
130
130
Jan 17, 2013
01/13
by
CNBC
tv
eye 130
favorite 0
quote 0
, we have, not democrats, we've made harry reid the majority leader again. we just got to start playing smafrter. >> a better candidate than sharon engel. his polls were terrible. joe, let me say something else. i worked for reagan, okay. reagan was a big tent guy. he was inclusive. in his administration we had moderate republicans, we had conservative republicans, we had supply siders like myself, et cetera, et cetera, et cetera. can we go back to reagan's model, can we open up the party a little bit. you know what i'm thinking about particularly. this whole issue about immigration, latino, african-americans, young people, joe the whole party is missing a whole demonstrato graphic in this country? >> no doubt about it. one of my biggest criticisms about mitt romney over the past couple of years i never really thought he understood freeman or thatcher or reagan because if you do get it, if you understand what you understand at your gut level, what i understand and many other conservatives, free market conservatives get, that is that what we believe in conser
, we have, not democrats, we've made harry reid the majority leader again. we just got to start playing smafrter. >> a better candidate than sharon engel. his polls were terrible. joe, let me say something else. i worked for reagan, okay. reagan was a big tent guy. he was inclusive. in his administration we had moderate republicans, we had conservative republicans, we had supply siders like myself, et cetera, et cetera, et cetera. can we go back to reagan's model, can we open up the party...
130
130
Oct 15, 2013
10/13
by
CNBC
tv
eye 130
favorite 0
quote 0
so i haven't talked to people yet, just listened, as you did, to harry reid. but i wonder whether or not that might have a serious effect on those negotiations in the senate. >> really? so you don't necessarily think we're back to where we were before the market opened today, in that we're looking at an emerging senate plan and trying to handicap its chances in the house? >> reporter: i would assume that we are, but i -- i am not as sure of that as i was 15 minutes ago. >> all right. john, thank you. obviously, challenge to keep pace with all of the very quick-moving action out of d.c. by the way, minority leader nancy pelosi was just speaking on the house side, as well, said that boehner's performance today was the look of a speaker who does not have the votes. >>> when we come back, a surprisingly weak treasury auction causing some concern in the markets. we'll get details on that. the dow hanging in with about a 44-point loss. back in a minute. in today's markets, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route
so i haven't talked to people yet, just listened, as you did, to harry reid. but i wonder whether or not that might have a serious effect on those negotiations in the senate. >> really? so you don't necessarily think we're back to where we were before the market opened today, in that we're looking at an emerging senate plan and trying to handicap its chances in the house? >> reporter: i would assume that we are, but i -- i am not as sure of that as i was 15 minutes ago. >> all...
114
114
Oct 14, 2013
10/13
by
CNBC
tv
eye 114
favorite 0
quote 0
it looks like it is up to reid and mcconnell. two men that have no love loss between the two of them. >> this isn't personal. this is professional at this point. both sides and both parties realize we are really getting right down to the witching hour for resolving this issue, in part because of all the warnings we are getting from not just economists within the united states but internationally as well. here is christine lagarde on meet the press on the prospect of what would happen if the united states defaulted. >> if there is that degree of disruption, that lack of certainty, that lack of trust in the u.s. signature, it would mean massive disruption the world over. we would be at risk of dipping yet again into recession. >> this is why the republicans have essentially disregarded their demand of getting rid of obama care for raising the debt limit. bob corker said it is difficult to adjust to the new conversation. >> again, it is such an expectation's difference when you have moved from totally defunding the central element o
it looks like it is up to reid and mcconnell. two men that have no love loss between the two of them. >> this isn't personal. this is professional at this point. both sides and both parties realize we are really getting right down to the witching hour for resolving this issue, in part because of all the warnings we are getting from not just economists within the united states but internationally as well. here is christine lagarde on meet the press on the prospect of what would happen if...
124
124
Oct 7, 2013
10/13
by
CNBC
tv
eye 124
favorite 0
quote 0
same with harry reid, they have a budget that never balances. at the end of the day you have to balance some time. most merndz agree we should balance some time in washington. we should do that in less than ten years. that's our proposal from the house. we're waiting for something from the senate and from the president. >> are you not concerned about the warning from china, our largest debtor -- creditor nation, that we're -- >> well, they are not our largest creditor nation. the largest creditor nation today is japan, china is number two. when you only have one significant debt payment between now and november 15th, we can handle a $6 billion payment. the question is what are we going to do about obama care and all the other spending that continues to grow. >> what about rollover risk? i'm getting an e-mail here wonder being your familiarity with rollover risk. >> what we see coming out of the treasury, and it's difficult to get the full answers. they have all the books. they have all the numbers and some of those folks have been deemed nonesse
same with harry reid, they have a budget that never balances. at the end of the day you have to balance some time. most merndz agree we should balance some time in washington. we should do that in less than ten years. that's our proposal from the house. we're waiting for something from the senate and from the president. >> are you not concerned about the warning from china, our largest debtor -- creditor nation, that we're -- >> well, they are not our largest creditor nation. the...
268
268
Oct 29, 2013
10/13
by
CNBC
tv
eye 268
favorite 0
quote 0
. >> i would take it and hold on it to and kind of when they come in, harry reid, come on, harry reid wants a trillion dollar tax hike. >> the point is, we're not going to sign up for a tax increase. look, if people see this effort as an excuse to raise taxes, it's not going to be successful. that's not what we're here for. we didn't come here to raise taxes. >> two huge tax increase thes. we're interesting in reforming the tax code. not as a measure of raising tax revenues. we think you can get more revenue through more economic growth. that's the kind of thing we're in favor of. we also want to get auto the drivers of our debt. so they want up front stimulus, which is not what we're going to do. because it didn't work the last time. we believe in pro growth economics, point one, point two, the reason i like the budget control act is it did put spending caps. >> right. >> now the sequester is going to lower spending caps. the question is, is in the interim, in this moment we are in, can we get even smarter an better deficit reduction that actually helps us get the debt under control
. >> i would take it and hold on it to and kind of when they come in, harry reid, come on, harry reid wants a trillion dollar tax hike. >> the point is, we're not going to sign up for a tax increase. look, if people see this effort as an excuse to raise taxes, it's not going to be successful. that's not what we're here for. we didn't come here to raise taxes. >> two huge tax increase thes. we're interesting in reforming the tax code. not as a measure of raising tax revenues....
151
151
Dec 20, 2013
12/13
by
CNBC
tv
eye 151
favorite 0
quote 0
>> i just don't know what reality senator reid is living in if he really believes that. obamacare is a complete disaster. the american people are increasingly seeing it for what it is. by the way, the worst of it hasn't hit yet. how this ends up being an asset for the democrats is completely beyo beyond me. >> as you see it, senator, what is the worst? when is it comes? >> it's hard to know. i'm frightened large employers are going to drop coverage because costs are rising so much. i'm worried next year premiums for people in the individual markets are going to go through the roof because of the adverse selection that's been happening. those two things, alone, are enormously problematic. who knows what other unintended surprises we're going to discover along the way. >> a second quick topic, sir. you voted against the budget deal yesterday, i take it. could you tell us briefly what your thinking was? >> yeah, larry, i think we walked away from our commitment to control spending. we lifted the spending caps in the near term, so we'll spend more this year and spend more ne
>> i just don't know what reality senator reid is living in if he really believes that. obamacare is a complete disaster. the american people are increasingly seeing it for what it is. by the way, the worst of it hasn't hit yet. how this ends up being an asset for the democrats is completely beyo beyond me. >> as you see it, senator, what is the worst? when is it comes? >> it's hard to know. i'm frightened large employers are going to drop coverage because costs are rising so...
126
126
Oct 2, 2013
10/13
by
CNBC
tv
eye 126
favorite 0
quote 0
here's harry reid. >> they sent us here to get things done, not to play these silly games. here's what i propose. he's sitting on a bill that would reopen the government right now. this bill woulds pass in a matter of minutes. if he would just let democrats and republicans vote. he doesn't have to -- he doesn't even to vote for it. let him vote against it. the let the house work its will. once we reopen the government we appoint conferries to work out long-term fiscal challenges. both sides have priorities that we want to move forward. >> this is still the posturing stage. the speaker or the leader is saying something that speaker boehner is not going to do, but at least the posturing is about where the eventual compromise might come and that's one of the things i'm going to explore with the president, what kind of negotiation is he envisioning by inviting the leaders to the white house and how quickly might it happen? >> so we're still at the posturing stage as you say. you're not expecting much of substance to come out of that meeting after your interview at 5:30? >> i th
here's harry reid. >> they sent us here to get things done, not to play these silly games. here's what i propose. he's sitting on a bill that would reopen the government right now. this bill woulds pass in a matter of minutes. if he would just let democrats and republicans vote. he doesn't have to -- he doesn't even to vote for it. let him vote against it. the let the house work its will. once we reopen the government we appoint conferries to work out long-term fiscal challenges. both...
92
92
Oct 30, 2013
10/13
by
CNBC
tv
eye 92
favorite 0
quote 0
if reid, harry reid and nancy pelosi and patty murray are going to sit there and want to raise taxes, nothing's going to happen. take the sequestration and run. that's what i'd do. >> well, that's the bottom line. if nothing can be done except to hold the status quo and protect the budget control act savings that we put into place two years ago that will be a vickory because there's a clear effort under way right now to break the budget. we've got to stop the budget from being broken. the message i delivered today at the conference was let's accept the fact that we have to protect our current savings. and if we can at least build the foundation or the path way forward to deal with reforming our tax code and not just raising taxes to justify more spending -- >> that's the thing. that's exactly right. i'm glad -- perfect. okay? democrats are looking that the and they just want to jack up taxes. they want to go for so-called loophole, but they don't want lower marginal rates on the other side and that's anti-growth tax hikes and correct me if i'm wrong, senator. they want to take that mo
if reid, harry reid and nancy pelosi and patty murray are going to sit there and want to raise taxes, nothing's going to happen. take the sequestration and run. that's what i'd do. >> well, that's the bottom line. if nothing can be done except to hold the status quo and protect the budget control act savings that we put into place two years ago that will be a vickory because there's a clear effort under way right now to break the budget. we've got to stop the budget from being broken. the...
122
122
Sep 26, 2013
09/13
by
CNBC
tv
eye 122
favorite 0
quote 0
senate majority leader harry reid with house democrats wednesday night. as the deadline to avoid a government shutdown nears. reid says he will not let republicans include provisions in the spending bill to delay or postpone obama care. house republicans are expected to huddle today to plan their next move on that bill and the debt ceiling. they could vote friday to raise the debt limit, but the measure is expected to be packed with gop wish list items, such as canceling parts of obama care and approving the keystone pipeline. let's get back to gina. i'm sure you have lots of thoughts on this. how is this going to play out? >> i think everybody knows. we've been to this movie now a few times. this will go down to the last minute. i think there's a lot of talk that this round could be quite a bit uglier than the last round. obviously, we are in a worse off fiscal policy than we were the last time we were looking at the debt ceiling. so i think there could be quite a bit more kind of drama around that. >> are markets prepared for that? because we have not s
senate majority leader harry reid with house democrats wednesday night. as the deadline to avoid a government shutdown nears. reid says he will not let republicans include provisions in the spending bill to delay or postpone obama care. house republicans are expected to huddle today to plan their next move on that bill and the debt ceiling. they could vote friday to raise the debt limit, but the measure is expected to be packed with gop wish list items, such as canceling parts of obama care and...
133
133
Dec 12, 2013
12/13
by
CNBC
tv
eye 133
favorite 0
quote 0
just because this budget might pass tomorrow doesn't mean harry reid will agree to this level of spending in january. we have to pass the omnibus bill and democrats are smart enough they will ask for more between now and january. >> are you a yeah or nay vote on this bill? >> i'm a no vote. >> congressman tim huelskamp. you heard the big news today pope francis has been name "time" magazine's person of the world. is liberal secular media missing the message? i'm telling you how worried i am, with all deference and love for the holy father i'm worried about his continued attacks on capitalism. i think capitalism is the best way to end poverty. and, folks, you know it's my mantra. don't forget free market capitalism is the best path to prosperity, not argentina. that's a different story. i'm talking about reagan, thatcher, capitalism spreading around the world and getting rid of poverty. that's the message i want the pope to bring. i'm kudlow. i'll be in church on sunday but we'll be right back after this segment. americans take care of business. they always have. they always will. that's w
just because this budget might pass tomorrow doesn't mean harry reid will agree to this level of spending in january. we have to pass the omnibus bill and democrats are smart enough they will ask for more between now and january. >> are you a yeah or nay vote on this bill? >> i'm a no vote. >> congressman tim huelskamp. you heard the big news today pope francis has been name "time" magazine's person of the world. is liberal secular media missing the message? i'm...
115
115
Jul 31, 2013
07/13
by
CNBC
tv
eye 115
favorite 0
quote 0
. >> senator harry reid said last week, tax reform should yield $975 billion. i reckon that he's talking about the obama plan. that is not what i thought was going to happen in terms of a compromise deal. >> i think you're right on that. harry reid is much more of a partisan. i think he's much more carrying water for the white house. max baucus as a committee chairman actually has some responsibilities to try to come up with legislation that can work. and so i think we're seeing some divisions in the democratic party. we see the same thing with the house ways and means committee, where some of the responsible democrats on the committee want to agree to the revenue-neutral condition but then you have some of the ideologues in the leadership, the nancy pelosis of the world and stuff like that. so i'm afraid at the end of the day when this year's over we will have done nothing to fix our big problems. and that hurts our competitiveness. >> one last thing. if you're a small business owner, you're going to pay 39.6%. if you're a large corporation and you got what we
. >> senator harry reid said last week, tax reform should yield $975 billion. i reckon that he's talking about the obama plan. that is not what i thought was going to happen in terms of a compromise deal. >> i think you're right on that. harry reid is much more of a partisan. i think he's much more carrying water for the white house. max baucus as a committee chairman actually has some responsibilities to try to come up with legislation that can work. and so i think we're seeing...
190
190
Jan 5, 2013
01/13
by
CNBC
tv
eye 190
favorite 0
quote 0
. >> doing harry reid's job for him. >> not that he's doing harry reid's job for him. >> yes, it is. >> you can look at it that way. >> he's been doing reid's job. >> i don't. i look at mcconnell being the minority leader and as he a hell of a lot of power. so mitch mcconnell holds a lot of cards in this game. >> he does, but the difference is, jimmy, you know, here we were having a debate about whether we were going to make taxes go up for everybody or just some people. now we're having a debate over spending and mitch mcconnell heads into potentially a primary fight of his own in this election cycle. he has no interest in seeing the president raise the debt limit without getting some spending cuts. >> but again, where are the spending cuts? where are the proposals to cut anything? >> yeah. >> you kind of need those. you need a politics that builds up to that for the previous few years. >> would you be horrified if they took money out of all 20 -- i'm going to say there are 20 federal cabinet agencies, i don't know how many there are. there are so many lower agencies. would you be s
. >> doing harry reid's job for him. >> not that he's doing harry reid's job for him. >> yes, it is. >> you can look at it that way. >> he's been doing reid's job. >> i don't. i look at mcconnell being the minority leader and as he a hell of a lot of power. so mitch mcconnell holds a lot of cards in this game. >> he does, but the difference is, jimmy, you know, here we were having a debate about whether we were going to make taxes go up for everybody or...
127
127
Apr 24, 2013
04/13
by
CNBC
tv
eye 127
favorite 0
quote 0
harry reid, senate majority leader said no change, we're not going to change. president barack obama happens not accepted any republican liberalizing the effect. he hasn't accepted any of that yet. you know what, they're starting to hit medicare, they're starting to hit education and housing in the worst spots. that's why i'm suspicious. what's your take? >> absolutely. he figures if he makes it so painful, the president makes it so painful, never again would anyone dare to touch a dollar going into the government and spending plans. it's the old washington monument plan, hit the thing they are complaining about so they never try it again. >> i with wish the republicans had a little backbone and push back on that, like every country has done, put it in a separate corporation, where those taxes go to the problem at hand. >> the public giving up on spending cuts, bloody hello break loose. >> why can't they have a counter plan? they knew this six months ago. they sit back and wait. >> hang with me. we have lot to do. get this luxury electric car maker fisker, heav
harry reid, senate majority leader said no change, we're not going to change. president barack obama happens not accepted any republican liberalizing the effect. he hasn't accepted any of that yet. you know what, they're starting to hit medicare, they're starting to hit education and housing in the worst spots. that's why i'm suspicious. what's your take? >> absolutely. he figures if he makes it so painful, the president makes it so painful, never again would anyone dare to touch a dollar...
117
117
Sep 23, 2013
09/13
by
CNBC
tv
eye 117
favorite 0
quote 0
i guess harry reid is talking about -- >> we're -- >> and people in the house don't have the ability to shut down the government. >> representative, are you going to use every opportunity -- are you going to use every opportunity to defund obama care? i mean, this is a different area. you know, can you come to an agreement -- >> no, those are all tied together because we're $17 trillion in debt with another $100 trillion on the way. that's caused by having more on our play now -- >> obama care is one of those things that are going to be so costly that we cannot even afford it -- >> representative, if you are going to continue to talk over each other and talk over the questions that maria and i would like to ask you to better inform our viewers where you stand, we're going to get nowhere, okay? let's go one at a time, answer the question and then we can debate it. let's at least have a civil discussion that has some substance to it, please. for everybody's sake. representative welch -- >> well -- >> -- you were saying. representative welch. >> bottom line, there's a debate about healt
i guess harry reid is talking about -- >> we're -- >> and people in the house don't have the ability to shut down the government. >> representative, are you going to use every opportunity -- are you going to use every opportunity to defund obama care? i mean, this is a different area. you know, can you come to an agreement -- >> no, those are all tied together because we're $17 trillion in debt with another $100 trillion on the way. that's caused by having more on our...
122
122
Sep 10, 2013
09/13
by
CNBC
tv
eye 122
favorite 0
quote 0
reid said he consulted with president obama, senate democrats and republican leaders. once he says he has the 60 on votes needed to move to debate, it's not a race. the possibility of a dip le mattock deal involving syria and russia is a major factor in delaying the debate. congress is going to give a resolution. this resolution would propose dismantling syria's chemical weapons stockpile and the resolution would propose that those behind the august 21st attack be tried, as well. joining us for more is john drake, head of global intelligence at ake. what do you think of this french/u.n. resolution? it comes on top of what the russians are talking about. >> in principal, it shows that france is still intent on going and doing something about the chemical weapons in the country. i think the concerns that i would have is practically, it would be very difficult to take control of any chemical weapons in the country, even if there is international backing. it would still involve sending some form of foreign military force into the country to secure them. they could become a
reid said he consulted with president obama, senate democrats and republican leaders. once he says he has the 60 on votes needed to move to debate, it's not a race. the possibility of a dip le mattock deal involving syria and russia is a major factor in delaying the debate. congress is going to give a resolution. this resolution would propose dismantling syria's chemical weapons stockpile and the resolution would propose that those behind the august 21st attack be tried, as well. joining us for...
101
101
Oct 14, 2013
10/13
by
CNBC
tv
eye 101
favorite 0
quote 0
senate majority leader harry reid still ceasees a chance to e a deal. the talks between the white house and republicans broke down. now there are suggestions that democrats are demanding any debt deal and not lock in. congress will be in session even though it's a federal holiday. the imf's chief christine lagarde has warned of serious consequences if the debt ceiling isn't raised. >> if there is the degree of destruction, that lack of certainty, that lack of trust in the u.s. signature, it would mean massive destruction the world over and we would be at risk of tipping yet again into recession. >> which is why people don't think it's going to happen. nevertheless, after rallying last week, the dow up 164 points. the s&p up 12 points. futures are down. the dow is currently 84 points below fair value. that's 14 points below fair value. the s&p 500 is currently around 10 points below fair value. global equities today during the session have been down not by much. the ftse global 300 is flat. no big setoff here. the ftse today up three points. it was up ha
senate majority leader harry reid still ceasees a chance to e a deal. the talks between the white house and republicans broke down. now there are suggestions that democrats are demanding any debt deal and not lock in. congress will be in session even though it's a federal holiday. the imf's chief christine lagarde has warned of serious consequences if the debt ceiling isn't raised. >> if there is the degree of destruction, that lack of certainty, that lack of trust in the u.s. signature,...
149
149
Oct 15, 2013
10/13
by
CNBC
tv
eye 149
favorite 0
quote 1
senate majority leader harry reid said on monday they've made tremendous progress. sentiment is echoed by the majority leader mitch mcconnell. reports say their plan would fund the government through mid january keeping in place the sequester cuts but give mortgages a way to ease their impact. it wie raise u.s. borrowing costs through to at least mid february. >> we're doing our best to make everybody happy, but everyone knows we're not going to be able to do that. everybody understands we're doing the very best we can with all the frailties we have as people and legislators. >> senate republicans and democrats will hold a separate meeting today. house republicans have a closed door meeting at 11:00. the spokesman for house speaker john boehner says republicans will review whatever plan the senate passes. julia is with us chief international economist at barclay's. tricky job. julian, what do you make of the senate plan? >> clearly, there has been some progress. we must bear in mind, as you say, if it happens, the deal through january or into mid february, there's s
senate majority leader harry reid said on monday they've made tremendous progress. sentiment is echoed by the majority leader mitch mcconnell. reports say their plan would fund the government through mid january keeping in place the sequester cuts but give mortgages a way to ease their impact. it wie raise u.s. borrowing costs through to at least mid february. >> we're doing our best to make everybody happy, but everyone knows we're not going to be able to do that. everybody understands...
231
231
Oct 1, 2013
10/13
by
CNBC
tv
eye 231
favorite 0
quote 0
so right now, it is just left to speaker boehner and senate majority harry reid. is that going to happen? sooner or later, i hope so. but boehner is not afraid. he is just letting their own parties make their own statements be heard. it is a problem as far as a challenge of leadership in washington, d.c. >> can i just say that the only compromise -- first of all, there's nothing to negotiate here. the president hasn't asked for anything. the democrats in congress haven't asking for anything. all that needs to be done is for congress to do its job and fund the government. they're not asking for concessions. they're not asking for it to go back and repeal laws that president obama signed. they're not asking to raise taxes on the wealthy. they're not asking to repeal anything that's happened before. but republicans are making unreasonable demand here. it's completely undemocratic demand. in order just to continue the basic operations of government, we demand that you go back and undo a law that was passed by the congress, signed by the the, upheld by the supreme cour
so right now, it is just left to speaker boehner and senate majority harry reid. is that going to happen? sooner or later, i hope so. but boehner is not afraid. he is just letting their own parties make their own statements be heard. it is a problem as far as a challenge of leadership in washington, d.c. >> can i just say that the only compromise -- first of all, there's nothing to negotiate here. the president hasn't asked for anything. the democrats in congress haven't asking for...
198
198
Jul 16, 2013
07/13
by
CNBC
tv
eye 198
favorite 0
quote 1
here is harry reid. >> it was a very, very good meeting, lasted four hours. people were still as highly engaged at the end of that four hours as they were at the beginning. so i think we see a way forward. >> and what was interesting about what harry reid had to say was after all the acrimony last week with mitch mcconnell, his counterpart on the republican side, who did he praise for negotiating a solution to the so-called nuclear option? not mitch mcconnell. instead, it was john mccain, a veteran senator, somebody who has tried to be at various points in his career a bridge between the two parties. here is harry reid on john mccain. >> john mccain is the reason we're at the point we are. a lot of people have been extremely helpful, but this is all directed toward john mccain from me. no one was able to break through but for him, and he does it at his own peril. >> here is what the terms of the deal are according to aides on both sides. five of the seven nominees that president obama had put forward, his nominees for labor secretary, for epa, for consumer pr
here is harry reid. >> it was a very, very good meeting, lasted four hours. people were still as highly engaged at the end of that four hours as they were at the beginning. so i think we see a way forward. >> and what was interesting about what harry reid had to say was after all the acrimony last week with mitch mcconnell, his counterpart on the republican side, who did he praise for negotiating a solution to the so-called nuclear option? not mitch mcconnell. instead, it was john...
202
202
Jan 3, 2013
01/13
by
CNBC
tv
eye 202
favorite 0
quote 0
hey, harry reid, how about passing budgets for the first time in three years. how about being willing to be held accountable for a change. >> these are all great fiscally prudent managerial notions as a former businessman, i expect nothing less, but senator johnson, you know you're not going to get all that. and i guess my question is will republicans in the senate hold up a debt ceiling unless and until let's say they get a spending sequester or substitute or something that you can get your arms around. >> well, certainly what i'm going to be pushing for, larry -- one of the things i've been pointing out is we've had this revisionist history that said the last debate resulted in a debt downgrade because of the messy debate. that's not what caused the debt downgrade. what caused that debt downgrade is the fact that the debate did not result in a solution to the problem. when president obama unbelievably said we're not even going to have a debate this time. oh yes, we are, mr. president. because every time you come to congress and you ask for the authority to in
hey, harry reid, how about passing budgets for the first time in three years. how about being willing to be held accountable for a change. >> these are all great fiscally prudent managerial notions as a former businessman, i expect nothing less, but senator johnson, you know you're not going to get all that. and i guess my question is will republicans in the senate hold up a debt ceiling unless and until let's say they get a spending sequester or substitute or something that you can get...
138
138
Oct 3, 2013
10/13
by
CNBC
tv
eye 138
favorite 0
quote 0
scrappy reid but some of the tack continues are kind of interesting. leaking e-mails between the staff -- >> chief of staffs which is kind of unusual -- if you ever have hope on working behind the scenes together the idea that you are releasing e-mails between the chief of staff, that's kind of unprecedented. >>> john harwood. we've already given you credit. we have more highlights. the futures, when they closed yesterday they trade up and thought you could broker some type of arrangement -- you know, representing a business network or we thought maybe when he met with, you know, we heard about that meeting but it's our opens have been dashed is -- it's october 17th now is what we're hurtling towards, right? >> yes, but i don't think -- i'm not as bearish as you and becky are on the basis of where this is going. i think if they're steering this conversation back to a budget negotiation, that is a positive development. >> yeah, but it's not being received on the democratic side at this point, is it? >> oh, yeah, it's being received on the democratic sid
scrappy reid but some of the tack continues are kind of interesting. leaking e-mails between the staff -- >> chief of staffs which is kind of unusual -- if you ever have hope on working behind the scenes together the idea that you are releasing e-mails between the chief of staff, that's kind of unprecedented. >>> john harwood. we've already given you credit. we have more highlights. the futures, when they closed yesterday they trade up and thought you could broker some type of...
113
113
Oct 16, 2013
10/13
by
CNBC
tv
eye 113
favorite 0
quote 0
harry reid and mitch mcconnell have essentially finalized their plan. the senate reconvenes at noon and both men will brief their respective caucuses. house republicans fought for their two separate bills. the conservative group heritage action opposed the plan because at the didn't do enough to roll back obama care. now it's suggested that under the senate proposal, the government will be funded through january 15th, debt ceiling extended until february 7th and a committee would have until december 13th to welcome a new round of spending cuts. while this is all going on, fitch has put the credit watch on negative warning. it's citing the political brinkmanship. the u.s. treasury department spokesman says fitch's announcement reflects the urgency for congress to act. china and japan, the biggest debt holders of u.s. debt, state news agency shinwah says it's time for a de-americanized world. joining us for the first part of the program today, fred normal from hsbc. fred, what has this episode done for -- let's say we cobble this deal together. we might b
harry reid and mitch mcconnell have essentially finalized their plan. the senate reconvenes at noon and both men will brief their respective caucuses. house republicans fought for their two separate bills. the conservative group heritage action opposed the plan because at the didn't do enough to roll back obama care. now it's suggested that under the senate proposal, the government will be funded through january 15th, debt ceiling extended until february 7th and a committee would have until...
138
138
Apr 3, 2013
04/13
by
CNBC
tv
eye 138
favorite 0
quote 0
from red states, conservative states with many gun owners, and they're the ones who are pushing harry reid in the senate to not really move forward on again control because they're wary with so many gun owners in their state about the political viability of that kind of agenda. >> robert costa. robert, thank you very much. >>> in the meantime, another provision of the senate's gun control bill stating increased penalties on so-called straw purchases, buying for somebody else, is in jeopardy. today the assault weapons and high capacity magazine bans are already out of the bill, which basically leaves just expanded background checks. but when only fractions of gun crimes are traced back to the documented owner of the gun used in the crime, is that really the solution? we're joined now by nationally syndicated radio talk show host lars larsen and kelly ann conway, ceo of the polling company. keith boykin still here. increased background checks the answer? >> not necessarily. and i don't think it's the answer in the united states senate, where really obama's and feinstein's view of gun control
from red states, conservative states with many gun owners, and they're the ones who are pushing harry reid in the senate to not really move forward on again control because they're wary with so many gun owners in their state about the political viability of that kind of agenda. >> robert costa. robert, thank you very much. >>> in the meantime, another provision of the senate's gun control bill stating increased penalties on so-called straw purchases, buying for somebody else, is...
184
184
Oct 16, 2013
10/13
by
CNBC
tv
eye 184
favorite 0
quote 1
our nation and -- >> the patriot party may not have a choice in the matter if we do get mcconnell and reid to present a compromised package to their caucuses this morning and we get a vote later today in the senate and they send it to the house of representatives. >> what about ted cruz? >> ted cruz is going to step up? >> why not have the patriot party in the house say we think lew's a liar . i'm saying let's leave some room for the great anti-hamilton party to make a statement and hold things up because they think that lew is not honest. >> so you think it's possible we go into tonight with no deal and start talking about a $12 billion social security payment on the 23rd, right? a refi on the 24th. >> these guys don't think -- they think lew's a political hack. this stanford america party think lew's a political hack. i respect the treasury secretary. i represent the position of position of treasury. now alexander hamilton, what is he being reduced to by the patriot party? he's a rest stop. >> i think you were out a couple days ago when david and i raised the question of what is the argu
our nation and -- >> the patriot party may not have a choice in the matter if we do get mcconnell and reid to present a compromised package to their caucuses this morning and we get a vote later today in the senate and they send it to the house of representatives. >> what about ted cruz? >> ted cruz is going to step up? >> why not have the patriot party in the house say we think lew's a liar . i'm saying let's leave some room for the great anti-hamilton party to make a...
144
144
May 29, 2013
05/13
by
CNBC
tv
eye 144
favorite 0
quote 0
netflix ceo reid hastings next exclusively on cnbc. and as we head into the break here is a look at the s&p heat map. we are down just over a half of 1%. >>> shares of michael kors are on the rise and this up 3% after it earned 50 cents a share for the fiscal first quarter. same-store sales up 37% from the year-ago period. let's bring in corina friedman. europe in particular very strong. what's going on there? up 63% in the comp. the brand continues to grow in awareness there. they've opened significant stores and are advertising there. so we see the trajectory in europe similar to what's going on in the u.s. so comps are up 63% leak you indicated and they doubled the amount of stores that are possible in that region from 100 to 200. >> they've had a lot of momentum ever since they went public. what gives you the confidence that they can continue it? the segment that they're targeting is very appealing and accessible luxury. a lot of people call this stock a luxury stock which means the price points are a little bit lower in traditiona
netflix ceo reid hastings next exclusively on cnbc. and as we head into the break here is a look at the s&p heat map. we are down just over a half of 1%. >>> shares of michael kors are on the rise and this up 3% after it earned 50 cents a share for the fiscal first quarter. same-store sales up 37% from the year-ago period. let's bring in corina friedman. europe in particular very strong. what's going on there? up 63% in the comp. the brand continues to grow in awareness there....
172
172
Oct 7, 2013
10/13
by
CNBC
tv
eye 172
favorite 0
quote 0
not harry reid and becky made this point last week. he could say, john, let's just cool the entire -- let's just cool all of this down and let's -- what is it that you guys eventually want in these budget deals? >> he knows what they theoretically want. what they theoretically want are entitlement cuts -- >> right. >> -- that they will not propose, that the president would propose without any tax increases which is a possible that the american people oppose who just re-elected the president. what the republicans are saying right now is, mr. president, here's the deal. we want you to -- in return for reopening the government and not causing a debt default, we want you to immediately enter negotiations which we ourselves have not been willing to have all year until right now and in those negotiations. >> hold on a second. >> no. in those negotiations make immediate concessions up front to a position which is not popular. >> you're going to tell me again that i'm wrong because i don't just tow the line to the democratic position here. >>
not harry reid and becky made this point last week. he could say, john, let's just cool the entire -- let's just cool all of this down and let's -- what is it that you guys eventually want in these budget deals? >> he knows what they theoretically want. what they theoretically want are entitlement cuts -- >> right. >> -- that they will not propose, that the president would propose without any tax increases which is a possible that the american people oppose who just re-elected...
149
149
Dec 17, 2013
12/13
by
CNBC
tv
eye 149
favorite 0
quote 0
harry reid is in firm control of the senate. i was working at the white house trying to find agreement, looking at a large deal that actually starts to solve these long-term problems. you know, they simply aren't willing to agree with it. here is an indication of how far the sides are apart. the house budget passed over ten years would reduce spending by $4 trillion. patty murray's senate budget increases spending by $1 trillion, increases taxes by $1 trillion. we're $5 trillion apart. in the end, you go, we can't force that and move the logic which is the democratic party that refuses to acknowledge the problem, much less work with us in good faith to start solving the long-term drivers of the debt and deficit. in the end, from my standpoint, the fact we're not going to shut down our government, provides some certainty economically and what this is about. the number one component of the solution, truthfully, is economic growth. let's not harm economic growth by having these shutdown fights which i just disagree with dan. we did
harry reid is in firm control of the senate. i was working at the white house trying to find agreement, looking at a large deal that actually starts to solve these long-term problems. you know, they simply aren't willing to agree with it. here is an indication of how far the sides are apart. the house budget passed over ten years would reduce spending by $4 trillion. patty murray's senate budget increases spending by $1 trillion, increases taxes by $1 trillion. we're $5 trillion apart. in the...
108
108
Dec 9, 2013
12/13
by
CNBC
tv
eye 108
favorite 0
quote 0
morris reid joining us. >>> u.s. futures meanwhile are indicated -- >> thanks are morris. >> -- are indicating a flattish start right now. we turned down slightly. the dow is just below fair value. the nasdaq is above fare value. we snapped eight weeks of gains but a strong finish on friday. joining us, ben, traders.com. are we comfortable with the fact that the fed may taper next week or announce a tapering? >> i think this's a lot of opinions out there in terms of when the fed will start that activity. my personal opinion is that it's not necessarily 100% given that the fed is going to be as trans parent as it seems that they will be. i think there's a lot of information for the market to digest. if you look at the market's activity recently, you have to kind of support the fact that you've got to give the benefit of the doubt to the bulls. that continues to be the case. there's a lot of talk about when does good news become bad news. for a while the bad news has been good news concerning the qe activity. there's s
morris reid joining us. >>> u.s. futures meanwhile are indicated -- >> thanks are morris. >> -- are indicating a flattish start right now. we turned down slightly. the dow is just below fair value. the nasdaq is above fare value. we snapped eight weeks of gains but a strong finish on friday. joining us, ben, traders.com. are we comfortable with the fact that the fed may taper next week or announce a tapering? >> i think this's a lot of opinions out there in terms of...
130
130
Oct 14, 2013
10/13
by
CNBC
tv
eye 130
favorite 0
quote 0
under andy reid -- >> they're 6-0. >> they are. only three remaining undefeated teams, they only won -- >> denver? >> denver, k.c., i don't know the third. >> did new orleans win? >> no. new orleans got beat in the last 20 seconds by -- >> i have to look that up. >> by brady. did seattle lose? they lost, didn't they? >> i think so. i know giants are 0-6. >> they're the opposite of undefeated. >> while we figure out the third, we're going to welcome black rock's peter fisher when we come back. plus, much more from dick parsons, former citigroup chairman and then the top of the next hour, erskine bowles will join us. the co-chair of the fix the debt campaign. sits on the boards of companies like facebook, morgan stanley, norfolk southern. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you'r
under andy reid -- >> they're 6-0. >> they are. only three remaining undefeated teams, they only won -- >> denver? >> denver, k.c., i don't know the third. >> did new orleans win? >> no. new orleans got beat in the last 20 seconds by -- >> i have to look that up. >> by brady. did seattle lose? they lost, didn't they? >> i think so. i know giants are 0-6. >> they're the opposite of undefeated. >> while we figure out the third,...
200
200
Oct 4, 2013
10/13
by
CNBC
tv
eye 200
favorite 0
quote 0
$1 cut, harry reid will say you'll get nothing and leak it. just because he's so vindictive. he would have been toast if the idiots hadn't run that terrible candidate in nevada, he wouldn't even be there. >> everyone who will get blamed will still get blamed. >> there is like a nine point difference. republicans at 44, president at high thi30s. >> why would nip cave up they have to. >> maybe for the country. anyway, tim, drew, thank you. >>> the squawk bug is buzzing. you are can check it out. still to come, two titans sharing the same stage and their opinions on the debt ceiling. more on that when "squawk box" costs right back. >>> before you hit the road, here is your traveler's check. according to a new survey, an air transport company, smartphone ownership among flyers is up nearly 50% since 2010. with so many smartphone carrying travelers out there, how many use their device to book flights? the surprising answer next. at farmers, we make you smarter about insurance. because what you don't know, can hurt you. what if you didn't know that
$1 cut, harry reid will say you'll get nothing and leak it. just because he's so vindictive. he would have been toast if the idiots hadn't run that terrible candidate in nevada, he wouldn't even be there. >> everyone who will get blamed will still get blamed. >> there is like a nine point difference. republicans at 44, president at high thi30s. >> why would nip cave up they have to. >> maybe for the country. anyway, tim, drew, thank you. >>> the squawk bug is...
84
84
Sep 30, 2013
09/13
by
CNBC
tv
eye 84
favorite 0
quote 0
. >> here, unlock those doors, i say to harry reid, and come out and do your job. the senate must act. they must, must act. we do not want to shut this government down. it's wrong, and we want to work and negotiate and get the job done. >> want to debate obama care, that's fine. people have strongly held views on both sides. but to hold hostage democrats and mainstream republicans until you get your way and hurt millions of innocent people across america is wrong. >> so that's the latest out of washington. >>> the latest out of europe er equity markets are down. we're now into the session where we're at the low as well. last week the ftse 100 was down 1.3%. the xetra dax is down 1%. cac ka rant is down. we could see the collapse of the coalition government led by he nrika letter. the italian banks are down 3.6%. it's ousted its chief executive after a hasty range board meeting yesterday. in a statement the biggest lender said the biggest investor carl messina would replace him. there were resignations of five ministers from the country's governing commission. now t
. >> here, unlock those doors, i say to harry reid, and come out and do your job. the senate must act. they must, must act. we do not want to shut this government down. it's wrong, and we want to work and negotiate and get the job done. >> want to debate obama care, that's fine. people have strongly held views on both sides. but to hold hostage democrats and mainstream republicans until you get your way and hurt millions of innocent people across america is wrong. >> so that's...
431
431
Jan 21, 2013
01/13
by
CNBC
tv
eye 431
favorite 0
quote 0
senate majority leader harry reid. house majority lieder eric cantor and house democratic leader nancy pelosi. ♪ >> senator schumer will be.ba t basic master of ceremonies. he has made sure that at a luncheon that will follow the speech that an awful lot of new york products are going to be served, including chobani yogurt. >> what about hot pastrami? >> i don't know if that's on the menu. new england clam chowder is. manhattan cham clouder is not. >> of course, in addition to the politicians, there's a lot of family. you saw craig robinson, the brother of michelle obama, who is the basketball coach at oregon state. saw david axelrod, part of the president's political family. his wife susan behind him. it's a great moment for them as well. >> absolutely. and coming up, we're going to take a quick break as the president prepares to deliver his second inaugural address. we'll talk to a man who has been there and done that. john behr was a speechwriter for president clinton when he was sworn in for a second time and pel
senate majority leader harry reid. house majority lieder eric cantor and house democratic leader nancy pelosi. ♪ >> senator schumer will be.ba t basic master of ceremonies. he has made sure that at a luncheon that will follow the speech that an awful lot of new york products are going to be served, including chobani yogurt. >> what about hot pastrami? >> i don't know if that's on the menu. new england clam chowder is. manhattan cham clouder is not. >> of course, in...
175
175
Oct 8, 2013
10/13
by
CNBC
tv
eye 175
favorite 0
quote 0
but the president and senator reid wanted to protect that tax. so we asked to sit down and talk and they said no. in a divided government, the american people expect us to work together. whether it's on the government's funding or the debt limit, people expect to have negotiations when there are two differing sides. in 1995 both sides sat down together on the same type of circumstances and they ended up balancing the budget and in 2011 as the speaker just said, we all sat down together and now we'll have two consecutive years of reduced spending as a result. never negotiating a position of not negotiating is not a sustainable option. and we ask this president and harry reid to sit down and let's iron out our differences. >> you're going to hear a similar tone from everybody that's up here because it's very simple. get into a room and solve our problems. the president made a decision not to go to asia. we stayed in washington, a perfect opportunity to communicate with one another. another weekend missed. another opportunity missed. i don't want an
but the president and senator reid wanted to protect that tax. so we asked to sit down and talk and they said no. in a divided government, the american people expect us to work together. whether it's on the government's funding or the debt limit, people expect to have negotiations when there are two differing sides. in 1995 both sides sat down together on the same type of circumstances and they ended up balancing the budget and in 2011 as the speaker just said, we all sat down together and now...
120
120
Sep 30, 2013
09/13
by
CNBC
tv
eye 120
favorite 0
quote 0
but yet senator reid said no, we're not going to come in until monday afternoon at 2:00. you know, i think that was irresponsible. >> senator -- >> we should have been here working fully. >> most people don't think it's going to last that long. how about doing it in other ways? let's say in the next 24, 48 hours, we reopen the government or don't close it down. then start -- when's the next pivot point for trying to get a delay of a year? it's starting on tuesday. we're going to see whether and we should get some indications early on about how many young people are signing up for it. you might have some leverage if it's not going well for the next pivot point whether it's the debt ceiling or, you know, whatever. >> well, a couple of things. one is that i'm hoping that five democrats vote with the republicans today in the senate to adopt a reasonable and responsible house position and keep the government open. if that doesn't happen, as you say, there are additional leverages down the line with e the -- with the debt ceiling because i will predict to you today that before
but yet senator reid said no, we're not going to come in until monday afternoon at 2:00. you know, i think that was irresponsible. >> senator -- >> we should have been here working fully. >> most people don't think it's going to last that long. how about doing it in other ways? let's say in the next 24, 48 hours, we reopen the government or don't close it down. then start -- when's the next pivot point for trying to get a delay of a year? it's starting on tuesday. we're going...
165
165
Sep 16, 2013
09/13
by
CNBC
tv
eye 165
favorite 0
quote 0
it's not ready from the democratic senate because harry reid says he wants higher taxes. it's not where the house is, it's not even where the president says he is. so you're right that harry reid is hanging out a more left position -- >> these were all senators that did this with summers too. he doesn't have the senate anymore and he's got the republican party in the house. >> will you weigh in on that debate? >> sure. >> yellen/kohn, did you want larry summers, by the way? >> it's interesting because larry summers i knew -- none of the above. if you had to pick one, i thought summers would have been okay of the three. the challenge is that you have here is the president has no working relationship with any republicans, not just the house republicans but senate republicans which is normally you could reach in. >> john mccain has worked with him. john mccain has worked with him on syria. >> john mccain offers to come into any conversation where you're doing stuff -- i'm not sure that this job is the one that mccain would focus on, tends to focus on syria. but he doesn't an
it's not ready from the democratic senate because harry reid says he wants higher taxes. it's not where the house is, it's not even where the president says he is. so you're right that harry reid is hanging out a more left position -- >> these were all senators that did this with summers too. he doesn't have the senate anymore and he's got the republican party in the house. >> will you weigh in on that debate? >> sure. >> yellen/kohn, did you want larry summers, by the...
240
240
Oct 15, 2013
10/13
by
CNBC
tv
eye 240
favorite 0
quote 0
obama and nancy pelosi and harry reid. but this is what i would tell them. you cannot help the poor by destroying the rich. you cannot strengthen the weak by weakening the strong. you cannot bring about prosperity by discouraging thrift. you cannot lift a wage earner up by pulling the wage payer down. you cannot further the brotherhood of man by citing class hatred. you cannot build character and courage by taking away people's initiative and independence. you cannot help people permanently by doing for them what they could and should do for themselves. and i think there's a lot of philosophical views in play here. but this country became great because all of us had the ability and right to achieve. and i fear we're moving down a path we all have the right to receive. there's a play on words that's very important. i think a guy i have enormous respect for has been on your program. talks about the theft of the future generations and what's going on. and we can't seem to bring it together. >> hey, lee, we had erskine bowles on yesterday. he's still looking for
obama and nancy pelosi and harry reid. but this is what i would tell them. you cannot help the poor by destroying the rich. you cannot strengthen the weak by weakening the strong. you cannot bring about prosperity by discouraging thrift. you cannot lift a wage earner up by pulling the wage payer down. you cannot further the brotherhood of man by citing class hatred. you cannot build character and courage by taking away people's initiative and independence. you cannot help people permanently by...
152
152
Mar 1, 2013
03/13
by
CNBC
tv
eye 152
favorite 0
quote 0
harry reid, mitch mcconnell, boehner, pelosi. closed press. we may get some comments after they're done. it wasn't long ago they were all there to discuss the fiscal cliff. >> right. >> promising a solution to that by christmas. clearly that barely happened. >> they are short sellers 'dream. when you hear there's a presser, so to speak, you've got to go to the s&p puts. because i can't think of a time when they got together and the market went up in the last, i don't know, 18 months, two years. unless it was to -- unless it was rg3. even he now is like -- >> we're going to get consumer sentiment. ism on the way, and a lot more, in just a second. >>> just enough time for "six in sixty." chart indices. >> bountiful natural gas. they make all the equipment to turn it into gas to liquids. >> big data play here spunk. >> this stock is just reported an unbelievable quarter. >> morgan stanley taking wendy's to underweight. >> newfound mcdonald's. doing a lot of good things. >> and entura surgical. >> now, back. herb greenberg is the guy to listen to
harry reid, mitch mcconnell, boehner, pelosi. closed press. we may get some comments after they're done. it wasn't long ago they were all there to discuss the fiscal cliff. >> right. >> promising a solution to that by christmas. clearly that barely happened. >> they are short sellers 'dream. when you hear there's a presser, so to speak, you've got to go to the s&p puts. because i can't think of a time when they got together and the market went up in the last, i don't know,...
183
183
Sep 24, 2013
09/13
by
CNBC
tv
eye 183
favorite 0
quote 0
harry reid has scheduled a procedural vote for wednesday. if it clears that measure, it could take until sunday evening giving the house just 24 hours to respond to avoid a government shutdown. the pentagon is learning of the consequences of a shutdown which would put severe hardships on an already stressed workforce. all military personnel would keep working, regardless, but they may not be paid on time. not good. >> no. mean wile, airbus says a surge in air travel by asian passengers will provide a massive boost to its business over the next two decades. the planemaker says at that time, they will make industries orders for nearly 30,000 new jets, worth an estimated $4.4 trillion. airbus says within 20 years, asia will replace the u.s. as the world's busiest reason for air travel. >> well, there you have it. if i stay here for two weeks, i think i'll be convinced. >> okay. >>> move over wall street. marketing and media moguls are in focus in new york this week. we will discuss the big talking points. that's coming up next. [ woman ] if you
harry reid has scheduled a procedural vote for wednesday. if it clears that measure, it could take until sunday evening giving the house just 24 hours to respond to avoid a government shutdown. the pentagon is learning of the consequences of a shutdown which would put severe hardships on an already stressed workforce. all military personnel would keep working, regardless, but they may not be paid on time. not good. >> no. mean wile, airbus says a surge in air travel by asian passengers...
165
165
Oct 17, 2013
10/13
by
CNBC
tv
eye 165
favorite 0
quote 0
any more, i'm going to make deals with nancy pelosi and steny hoyer, with mitch mcconnell and harry reid, a lot of stuff could get done. >> the president was fiddling for a while. i know that strategy paid off at this point. we're asking everyone to rise above here. there's been transit in from the left in terms of all the stuff that we're trying to do. the president would have trouble doing any of this stuff. >> three hours and just listen, we've got to get rid of every republican to make sure we get anywhere. >> joe. joe. >> i know that's where you're going, harwood. >> no, no. i didn't say that. >> i'll make you a bet. you have to go see the -- who is the worst team in the league? i'm going to make you go to one of those games. >> the redskins, maybe. >> the giants. >> no. i'm getting you season tickets to the giants. >> you heard me say that if everybody in the congress had the toout attitude of john boehner, we wouldn't be in this mess. >> i did. >> and on the cola thing, look, it's in the president's budgets. he's going to be for that. >> but entitlement reform may take more than j
any more, i'm going to make deals with nancy pelosi and steny hoyer, with mitch mcconnell and harry reid, a lot of stuff could get done. >> the president was fiddling for a while. i know that strategy paid off at this point. we're asking everyone to rise above here. there's been transit in from the left in terms of all the stuff that we're trying to do. the president would have trouble doing any of this stuff. >> three hours and just listen, we've got to get rid of every republican...
257
257
Jul 12, 2013
07/13
by
CNBC
tv
eye 257
favorite 0
quote 1
if you're in las vegas, you love harry reid. it is that simple. he didn't actually say on your tombstone you ruined the senate, but it got close to that. >> there was tombstone talk earlier in an exchange a few hours before. >> wow. >> i love the way that mcconnell said my friend is going to go down as the worst leader in the history of the senate. >> and then harry said, i'm not going to respond. if i were to respond, i'd say -- >> i'm not going to respond and talk about what a lying demagogue you are, yeah. >> i know. but it wasn't that bad. but -- >> to get to the underlying issue, joe, you may remember we were in a similar situation during the 2000s which george w. bush was president, republicans were threatening to invoke what they call the nuclear option, change the filibuster rules. now democrats are doing just a simple reflection that both of these parties are in full out partisan war and use every tool they have got. and the filibuster is one of the best tools that a minority party has got to stop the party in the white house and they're
if you're in las vegas, you love harry reid. it is that simple. he didn't actually say on your tombstone you ruined the senate, but it got close to that. >> there was tombstone talk earlier in an exchange a few hours before. >> wow. >> i love the way that mcconnell said my friend is going to go down as the worst leader in the history of the senate. >> and then harry said, i'm not going to respond. if i were to respond, i'd say -- >> i'm not going to respond and...
196
196
Sep 6, 2013
09/13
by
CNBC
tv
eye 196
favorite 0
quote 0
senate majority leader harry reid said he's guardedly optimistic that the senate will approve the white house views for its resolution by the end of next week, according to a report from reuters. this as leaders gather for a second working meeting in st. petersburg today. you're looking at live pictures of the g-20 summit in st. petersburg where leaders are holding their second working meeting. steven is in st. petersburg. steve, realistically speaking, how much coordination can we expect to come out of the g-20, whether it is on the exit of stimulus or on syria? >> on those two issues i think you got a point. there can't be a lot. on other issues that are apart of the official agenda, they can look at those. there are a lot there, very important issues including on tax, regulation. i think you'll see some quite concrete moves forward to global regulation on those issues. but let's get back to the main point. point was we have come to this meeting without foreign ministers by and large. that's important. this is an economic rather than a geopolitical meeting and people have come and wan
senate majority leader harry reid said he's guardedly optimistic that the senate will approve the white house views for its resolution by the end of next week, according to a report from reuters. this as leaders gather for a second working meeting in st. petersburg today. you're looking at live pictures of the g-20 summit in st. petersburg where leaders are holding their second working meeting. steven is in st. petersburg. steve, realistically speaking, how much coordination can we expect to...
216
216
Oct 22, 2013
10/13
by
CNBC
tv
eye 216
favorite 0
quote 0
and at the end of the statement, reid hastings talked about the euphoria surrounding the stock. we asked them about that statement. and you know, he usually doesn't comment about the stock. and i think that is what concerns us is that we've been a huge bull on netflix, put a buy on it at $170 back in april. when it broke through, i think it was 312 in mid september, we thought that valuation had gotten relatively full. obviously that's 80 points ago now listening to where the stock is this morning. there's clearly momentum here. we thought it was a little too rich to be aggressively buying it at these levels. >> one thing that strikes me as content is really worth a lot. and even though we hear about digital nickels, you know, versus analog dollars. it's amazing. the whole international story. it has to be stuff people want to watch, right? >> well, you can't look at it as domestic. you can't look at it as digital content versus traditional consent. when you watch house of cards or "orange is the new black," you don't appreciate you're watching digital or television, it's just c
and at the end of the statement, reid hastings talked about the euphoria surrounding the stock. we asked them about that statement. and you know, he usually doesn't comment about the stock. and i think that is what concerns us is that we've been a huge bull on netflix, put a buy on it at $170 back in april. when it broke through, i think it was 312 in mid september, we thought that valuation had gotten relatively full. obviously that's 80 points ago now listening to where the stock is this...